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BANKS: WHERE (AND WHEN) TO INVEST • PAGES 9, 31

VOL. CIII NO. 19 MAY 8, 2023 $5.00


To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Companies
Under Siege
Anheuser-Busch,
Disney, Burger King,
and others are caught
in the culture wars.
How they’re battling
>
back. PAG E 1 4
63142
C O NT EN TS 05.08.23 VOL.CIII NO.19

P. 14 P. 26 P. 24

U.S. Companies Cope Tech Trader: Apple


With the Culture Wars A Value Hunter’s Top Stocks Bobs to the Top
Cover Story: The business Q&A: The Third Avenue Value fund has enjoyed a remarkable comeback, driven by the The iPhone seller is a standout in
wisdom of progressive corporate “unlovable” stocks favored by Matthew Fine, below. Capstone Copper, Bank of Ireland, an otherwise unsteady sector.
goals is clashing with the political and Warrior Met Coal are among his current favorites. By LAUREN FOSTER There’s still time to buy the stock.
backlash over “woke” policies. It’s By TAE KIM
a new challenge for companies.
By DAREN FONDA P. 25

P. 9
Economy: Inflation
Keeps a Tight Grip
Sizing Up the Case for The Fed still has more reason to
Buying Bank Stocks raise rates than to cut them.
Some banks look overly cheap— By RANDALL W. FORSYTH
but it takes guts to wade in.
By BILL ALPERT P. 28

P. 12
Trader: Odds Suggest
More Market Pain
Obesity Drugs: The Carnage in the banking sector is
Opportunity and Hype overshadowing optimism that the
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Products from Eli Lilly and Novo Fed will soon pause its rate hikes.
Nordisk are poised to become By JACOB SONENSHINE
megablockbusters. We weigh their
prospects as investments. P. 31
By JOSH NATHAN-KAZIS
International: Where
P. 17 the Better Banks Are
European banks have remained
Carrier Global Stock
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

relatively unscathed by the turmoil


Could Really Heat Up facing their U.S. counterparts.
Bulls think the HVAC supplier By CRAIG MELLOW
should trade more in line with
Trane, the faster-growing rival P. 32
it’s trying to emulate.
By AL ROOT
Striking Price: How
to Profit From Panic
P. 18 Long-term investors can monetize
P. 7 P. 23 debt-ceiling fears by using options
Betting the Farm on
BANKS: WHERE (AND WHEN) TO INVEST • PAGES 9, 31

to bulk up on blue-chip stocks.


Biofuel Stocks
VOL. CIII NO. 19 MAY 8, 2023 $5.00

Up & Down Wall Street: Funds: Vanguard By STEVEN M. SEARS


A reckoning over carbon credits The Media Morass Grapples With ESG
could refresh the industry for Few corners of the broad media Environmental groups are putting
energy derived from things like Companies
Under Siege
landscape have escaped the fallout pressure on the asset manager to
Barron’s Roundtable
on Fox Business
Anheuser-Busch,
Disney, Burger King,
and others are caught
in the culture wars.

cow manure and cooking oil. from political polarization and the better support environmental,
How they’re battling
>
back. PAG E 1 4
63142

By AVI SALZMAN digital revolution. Is there hope? social, and governance goals. Watch our TV show Saturday or
Illustration by
Danielle Del Plato By ANDY SERWER By LEWIS BRAHAM Sunday at 10 a.m. or 11:30 a.m. ET.
P. 21 This week, insights from Gregory
P. 54 P. 24 Peters of PGIM on what the jobs
TIAA Benefited From © 2023 Dow Jones & Company,
Inc. All Rights Reserved.
report says about inflation. Plus,
a Brazilian Land Grab The Fed’s Review of Income: Big Pharma

Photograph by Cole Wilson


Our newspapers are 100% sourced
Eli Lilly’s Alzheimer’s treatment,
Leaked documents show that some
from sustainable certified mills.

BARRON’S (USPS 044-700) (ISSN


SVB Isn’t Encouraging for Income and Growth and the threat from AI.
of the Brazilian farmland amassed 1077-8039) Published every
Monday. Editorial and Publication
Other Voices: An analysis of Gilead and Merck sport attractive
by TIAA was bought from “land Headquarters: 1211 Avenue of
the Americas, New York, N.Y.
Silicon Valley Bank’s failure points dividend yields, while their drug Index P. 4 Charting the Market P. 34
grabbers,” known for their 10036. Periodicals postage paid at to problems within the industry— pipelines offer the potential for Review & Preview P. 10 Winners and Losers P. 35
Chicopee, MA and other mailing
unsavory acquisition tactics. offices. Postmaster: Send and also with its oversight. heftier profits in a slow economy. Mailbag P. 55 Research Reports P. 36
address changes to Barron’s, 200 Power Play P. 33 Statistics P. 37
By BILL ALPERT Burnett Rd., Chicopee, MA 01020 By THOMAS HOENIG By LAWRENCE C. STRAUSS
May 8, 2023 BARRON’S 3

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Berkshire Hathaway B
Symbol

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For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

JP Morgan Chase JPM 8.88%


Visa A V 8.28%
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4 BARRON’S May 8, 2023

I N D EX
Our index lists significant companies mentioned in stories and columns, For Customer Service, call 1 (800) 544-0422, or go to
plus Research Reports, and Corrections & Amplifications. The references customercenter.barrons.com. For reprints of articles,
are to the first page of the item in which the company is mentioned. call 1 (800) 843-0008, or go to djreprints.com.

A AbbVie . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 J J.M. Smucker . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 M Marathon Petroleum . . . . . . . . . . . . . . . . . . . . 10,20 N Natural Gas Services . . . . . . . . . . . . . . . . . . . . . . . 33


Advanced Micro Devices . . . . . . . . . . . . . . . . . . . 10 Johnson & Johnson . . . . . . . . . . . . . . . . . . . . . . . . 30 Masimo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 New York Times . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Aemetis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 JPMorgan Chase . . . . . . . . . . . . . . . . . . 10,25,28,31 Merck . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Novo Nordisk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Air Products & Chemicals . . . . . . . . . . . . . . . . . . 11 Meta Platforms . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,30 Numis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 MetLife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Amazon.com . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 K Keurig Dr Pepper . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Moderna . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 O Occidental Petroleum . . . . . . . . . . . . . . . . . . . . . . . 11
Amgen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Molson Coors Beverage . . . . . . . . . . . . . . . . . . . . 36 OPAL Fuels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Anheuser-Busch InBev . . . . . . . . . . . . . . . . . . . . . 14 Morgan Stanley . . . . . . . . . . . . . . . . . . . . . . . . . 10,33
Apple . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,24 L Lloyds Banking Group . . . . . . . . . . . . . . . . . . . . . 31
Astellas Pharma . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 P PacWest Bancorp . . . . . . . . . . . . . . . . . . . . . . 9,10,34
Paramount Global . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Pfizer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
B BancFirst . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Plumas Bancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Banco Bilbao Vizcaya Argentaria . . . . . . . . . . . 31 PNC Financial Services Group . . . . . . . . . . . . . 10
Bank of America . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Bank of Ireland Group . . . . . . . . . . . . . . . . . . . . . 27
Blackstone . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Q Qualcomm . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,24
BNP Paribas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
BP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,18
Bristol Myers Squibb . . . . . . . . . . . . . . . . . . . 24,30 R Roblox . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Brookfield Asset Management . . . . . . . . . . . . . . 11
Rupert Murdoch Executive Chairman, News Corp
Robert Thomson CEO, News Corp Almar Latour CEO, Dow Jones S Shell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
C Calumet Specialty Products Partners . . . . . . . 20 Shopify . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
SENIOR VICE PRESIDENT, BARRON’S GROUP Mae M. Cheng
Capstone Copper . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Starbucks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,29
Carrier Global . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 ASSOCIATE PUBLISHER, BARRON’S GROUP Dan Shar Svenska Handelsbanken . . . . . . . . . . . . . . . . . . . 31
Chegg . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,10,11 MANAGING EDITOR, BARRON’S GROUP Dave Pettit
Chevron . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Chewy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 T Thomson Reuters . . . . . . . . . . . . . . . . . . . . . . . . . . . 8


Citizens Financial Group . . . . . . . . . . . . . . . . . . . . 9 EDITOR IN CHIEF David Cho Tidewater . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Clean Energy Fuels . . . . . . . . . . . . . . . . . . . . . . . . 18 EXECUTIVE EDITOR Bob Rose SENIOR MANAGING EDITOR Lauren R. Rublin Tilly's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Cleveland-Cliffs . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Trade Desk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Codorus Valley Bancorp . . . . . . . . . . . . . . . . . . . . . 9 DEPUTY EDITORS Alex Eule, Ben Levisohn Trane Technologies . . . . . . . . . . . . . . . . . . . . . . . . 17
Comerica . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 EDITORIAL DIRECTOR, MAGAZINE Phil Roosevelt TransDigm Group . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Conagra Brands . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Trupanion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
MANAGING EDITORS Kristen Bellstrom, Matt Bemer, Daren Fonda, Joe Woelfel
Cosan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Twin Disc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
CVR Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 ASSISTANT MANAGING EDITORS Henry Cutter, Mel Gray, Anita Hamilton, Mary Romano, Tyson Foods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
CVS Health . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Robert Sabat, Rupert Steiner (London bureau chief)
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

ASSOCIATE EDITORS Andrew Bary, Randall W. Forsyth, Jack Hough, Reshma Kapadia, Eric J. Savitz U Uber Technologies . . . . . . . . . . . . . . . . . . . . 10,34,36
D Darling Ingredients . . . . . . . . . . . . . . . . . . . . . . . . 18 SENIOR WRITERS Bill Alpert, Megan Cassella, Lauren Foster, Nicholas Jasinski, Tae Kim, Joe Light,
UBS Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Deutsche Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 UnitedHealth Group . . . . . . . . . . . . . . . . . . . . . . . 30
Diamondback Energy . . . . . . . . . . . . . . . . . . . . . . 36 Elizabeth O’Brien, Al Root, Avi Salzman, Lawrence C. Strauss
DraftKings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 REPORTERS Jacob Adelman, Janet H. Cho, Adam Clark, Emily Dattilo, Jack Denton, Catherine Dunn,
Duolingo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Carleton English, Sabrina Escobar, Callum Keown, Evie Liu, Shaina Mishkin, Josh Nathan-Kazis, V Valero Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Angela Palumbo, Teresa Rivas, Connor Smith, Jacob Sonenshine, Brian Swint, Karishma Vanjani
Verisk Analytics . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Verizon Communications . . . . . . . . . . . . . . . . . . . . 7
E Elevance Health . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 STORY EDITORS Ed Lin, Erin McCarthy, Patrick O’Donnell, Stacy Ozol, Neal Templin, J.J. Thompson
Eli Lilly . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Endeavor Group Holdings . . . . . . . . . . . . . . . . . . . 8 COPY DESK Michael J. Burlingham, Richard Rescigno, Robert Teitelman W Walt Disney . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,11,14
Estee Lauder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 IDEAS EDITOR Matt Peterson Warrior Met Coal . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Wayfair . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
DEPUTY DIGITAL MANAGING EDITOR Zoe Szathmary Western Alliance Bancorp . . . . . . . . . . . . . 9,10,34
F First Citizens Bancshares . . . . . . . . . . . . . . . . . . 10 SENIOR AUDIO MANAGER Mette Lützhøft DIGITAL PRODUCERS Robert Cushing, Nick Devor, Clare McKeen World Wrestling Entertainment . . . . . . . . . . . . . 8
First Horizon . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,34
First Republic Bank . . . . . . . . . . . . . . . . . . . . . 25,34 Chelsea Schiff
DESIGN DIRECTOR
ART DIRECTORS Lynne Carty, Nick Hallam, Sue Ng Z Ziff Davis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
DIRECTOR OF PHOTOGRAPHY Sarina Finkelstein PHOTO EDITORS Alis Atwell, Halie Chavez, Nicole Silver Zions Bancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
G Gilead Sciences . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
RESEARCH DIRECTOR Pauline Yuelys RESEARCHER Dan Lam
STATISTICS MANAGER Michael T. Kokoszka STATISTICIAN Darren Chima
H Hershey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
HSBC Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 James H. Balmer
ADVERTISING SERVICES MANAGER
NEWS editors@barrons.com STATISTICS barronsstats@barrons.com CUSTOMER SERVICE 800-544-0422

I IBM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 EDITOR AT LARGE Andy Serwer


Icahn Enterprises . . . . . . . . . . . . . . . . . . . . . . . 10,34 GLOBAL HEAD, WEALTH & ASSET MANAGEMENT Jack Otter
Imax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Immunogen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Barron’s is a trademark of Dow Jones and its affiliates. Barron’s (USPS 044-700) (ISSN 1077-8039) Published every Monday. Editorial and Publication
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May 8, 2023
BARRON’S
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6
BARRON’S
May 8, 2023
May 8, 2023 BARRON’S 7

UP & D OWN WALL STREET


Political polarization and, of course, the digital
revolution have turned the media business into a
game of 3-D chess with a 10-second timer.

Investing in Media
with BuzzFeed providing a stunning than $1 billion,” according to CNBC, a
example. In November 2016, NBC- sadly amusing range that of course
Universal invested $200 million in extends to $0, and in theory even less,
the online news company at a $1.7 given liabilities. Varying tales of woe

Resembles a Very
billion valuation. (This was in addi- also can be told about the likes of Mic,
tion to a prior $200 million invest- Mashable, Gawker, and Vox.
ment by NBCU.) BuzzFeed went pub- Consider Warren Buffett’s take on
lic via a special purpose acquisition media (hardly a hot-button topic at this

Big Booby Trap


company, or SPAC, in December 2021, weekend’s Berkshire Hathaway an-
and today has a market capitalization nual meeting). Decades ago, Buffett
of...wait for it...$78 million. Essen- bought stock in ABC, which was
tially, a 95% decline in seven years. bought by CapCities, which in turn
I say “essentially” because, really, was acquired by Disney. He later sold
it’s worse than that. In 2020, BuzzFeed his Disney shares. As for newspapers,

W
bought (or absorbed, since its value he famously invested in the Washing-
ith all the BY ANDY (BX), Mayer and former Disney run- was next to nil) HuffPost, a company ton Post and others, calling them “bul-
hand-wring- SERWER ning mate Tom Staggs founded Candle worth $315 million in 2011 when it was letproof franchises.” Buffett changed
ing over Media—“a next-generation media com- bought by AOL, and probably more his mind over the years, telling me in a
banks, com- pany” powered by a “content-commu- when AOL was bought by Verizon 2019 interview that the newspaper
mercial real nity-commerce flywheel.” Two years Communications (VZ) for $4.4 bil- business “went from monopoly to fran-
estate, and ago, Candle bought Reese Wither- lion four years later. Also, BuzzFeed chise to competitive to...toast.” Buffett
tech, it’s spoon’s Hello Sunshine production bought Complex Media for $300 mil- does have a big media investment in
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

easy to overlook that the media busi- company for $900 million. If Wither- lion in 2021. So Buzzfeed’s de minimis Paramount Global (PARA), which
ness is no picnic either. Just how dif- spoon and private equity seem like an valuation includes residual values of has been a dog. The stock got killed
ficult is it to run or start a content- odd couple, know that both Mayer and Complex and HuffPost, as well. this past week on poor earnings and is
creation company these days? a senior Blackstone executive told me Wealth destruction at Vice Media, now down 45% over the past year.
“It’s hard,” Kevin Mayer, former they are seriously impressed by her which specializes in ballsy video for I asked Mario Gabelli, who has been
TikTok CEO and onetime Disney C- business chops. They have 900 million male millennials, may be more acute. covering media since the mid-1970s,
suite whiz, told me at the Milken Con- reasons to be impressed. Here, too, another legacy media com- what he thinks of the business. “When
ference in Los Angeles this past week. Whether Candle burns brightly or pany—in this case, Disney—invested I started out, they had silent movies,”
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

“A lot of these media companies [are] melts is for a future column. In the $400 million. In this instance, peak he yucks. Seriously, Gabelli says,
shingles that are hung out. They do news business, however, activity is valuation in 2017 was $5.7 billion. “technology has obviously changed
one or two projects and kind of fade more of the Judgment Day variety, Vice is now being shopped for “less everything with these evolving plat-
away. To create from scratch a suc- forms.” As for the news business, “get-
cessful media company—not many ting the search companies to pay you
have done it.” for it, that sucks.”
Political polarization and, of course, It isn’t just search that has made
the digital revolution have turned the life miserable for the news business.
media business—everything from It’s also social media. Naive though it
movies and TV to theme parks to sounds now, a decade ago companies
journalism and news—into a game of like BuzzFeed, Upworthy, and Breit-
3-D chess with a 10-second timer. To bart based their business models on
wit: ChatGPT gnawing into Chegg’s partnering with or gaming off Alpha-
(ticker: CHGG) education business, bet’s (GOOGL) Google, Meta Plat-
Fox News showing Tucker Carlson the forms’ (FB) Facebook, etc. The strat-
door, Walt Disney’s (DIS) forever war egy worked until the tech giants tired
with Ron DeSantis, and BuzzFeed of the relationships—and sharing in
News being closed. the proceeds. Aprés that, the deluge.
Broad-brush investing in the sector This still-reverberating narrative
looks to be one big booby trap, too. serves as the core of an absorbing new
Since its inception in June 2005, the book, Traffic: Genius, Rivalry, and Delu-
Photograph by Roger Kisby

Invesco Dynamic Media exchange- sion in the Billion-Dollar Race to Go Viral,


traded fund (PBS) has returned 151% by Ben Smith, former New York Times
compared with the S&P 500’s total media critic and BuzzFeed editor in
return of 382%. chief, and now editor in chief of, you
None of this has dissuaded investors guessed it, a news start-up—Semafor.
from pouring money into the business. The rise and now mostly fall of the
Backed by $2 billion from Blackstone Paramount Global took a beating this week on poor earnings. It’s down 45% over the past year. digital-media darlings is no small-beer
8 BARRON’S May 8, 2023

Up & Down Wall Street (continued)

story. These start-ups shook outfits like the day Health. “In advertising today, you need
New York Times and CNBC to their core a high-intent audience in a valuable cate-

Think Beyond and revolutionized how we receive and


perceive media. Even more significantly,
they helped elect first Barack Obama, then
Donald Trump, and in the process had a
significant hand in polarizing our country.
gory, or enormous scale with the ability to
target ads. For subscriptions, your offering
has to really be differentiated and valued.”
Perhaps not all is lost for the media,
though. Investors just need to pick their
“It was fundamentally a time of tremen- spots. Take World Wrestling Entertain-

Ordinary dous social change and turmoil, in which


media was a part [and] politics was a part,”
Smith tells me. (Disclosure: I’m friendly
with Smith, and once inquired about work-
ing at Semafor. He politely demurred.)
ment (WWE), where Hulk Hogan once
worked. Its stock is up from $11 to $108
over the past decade. Last month, En-
deavor Group (EDR) said it was buying
WWE and combining it with mixed mar-
Traffic is a story of rivals: Jonah Peretti, tial arts company Ultimate Fighting Cham-

Tech Funds the inscrutable, California-cool founder/


CEO of BuzzFeed and co-founder of the
Huffington Post, and Nick Denton, the
nervy British founder of Gawker. The two
pionship. IMAX (IMAX), whose stock has
climbed 40% this year, reported a record
first-quarter box office, boosted by Avatar:
The Way of Water. Eight out of 11 Wall
men held divergent views on how to build Street analysts have a buy on its shares.
digital media (Denton=naughty, Per- “The narrative to go right to streaming
etti=nice), and wanted to upend not only has been thrown away,” says CEO Rich
legacy media, but each other as well. Gelfond. “That experiment just didn’t
Things didn’t go as planned. Gawker work. It failed.” An overstatement, to be
was slammed to the mat, filing for bank- sure, but movie theaters that deliver a pre-
Robotics & Artificial ruptcy in 2016 when it was ordered to pay mium experience could still work.
pro wrestler Hulk Hogan $140 million A few legacy companies belie the lum-
Intelligence ETF
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from a lawsuit he filed over invasion of bering lummox stereotype. The New York
privacy (a suit funded by billionaire inves- Times (NYT) was under extreme duress

BOTZ tor Peter Thiel). As for BuzzFeed, besides


its valuation being reduced to a call option,
its listicles, quizzes, celebrity updates, and
feel-good stories ring anachronistic.
Denton’s epiphany—taking prurient
journalism digital—may not have been
in 2008, when its stock sank to $4.50 after
coming under assault by the likes of, yes,
BuzzFeed. The Gray Lady fought back, in
part by co-opting some of the start-ups’
methodologies. Its stock hit $54 in 2021,
though it has fallen back down to $40.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

particularly novel, but some thought Per- Another, lower-profile winner, Thom-
etti had a kind of genius. I interviewed son Reuters (TRI)—which owns the West-
Peretti 10 years ago when he expounded law legal database, Reuters news agency,
on the false signals of the side-boob. and Checkpoint tax and accounting ser-
1 (888) 493-8631
“It’s dangerous to only follow the num- vice—is up from the low $40s in 2018 to
GLOBALXETFS.COM bers....You see this sort of ‘side boob’ trap, $120 today. Credit Suisse analyst Kevin
where you put some picture of a celebrity McVeigh recently raised his price target
whose dress lets you see the side of her boob from $138 to $150.
on the front of your website, and you say, Getting back to Mayer’s point, though,
® ‘Wow! That gets a really high click-through and as Ringo famously sang, “It don’t come
Beyond Ordinary ETFs rate.’ If you were a slave to the numbers, easy.” I ask Smith if anyone has really cre-
you’d start putting more stuff like that and ated a successful news organization re-
Investing involves risk, including possible loss of principal. The Fund more stuff like that. And pretty soon you cently. “Politico,” he says. A single example
invests in companies engaged in Information Technology, which can be would have a site full of trashy, salacious may prove the point. Bottom-line paradox:
affected by rapid product obsolescence and intense industry competition. garbage, and you would say, ‘Oh, I’m just It’s simple for a media company to succeed
BOTZ is non-diversified. looking at the numbers,’ but you would be today. It just needs to create singular con-
hitting a local maximum, where lots of peo- tent. And that’s really hard.
Carefully consider the Fund’s investment objectives, risk factors, charges ple would never want to read your site just Speaking of Politico, I was finishing up
and expenses before investing. This and additional information can be because 10% of your readers are horny guys breakfast in a restaurant in Los Angeles
found in the Fund’s full or summary prospectus, which are available at who can’t resist clicking, or women who this past week when I spotted film pro-
can’t resist gawking at celebrities.” ducer Jeffrey Katzenberg and went over to
globalxetfs.com. Read the prospectus carefully before investing.
What Peretti opted for instead was viral say hello. Turns out he was dining with
Shares of ETFs are bought and sold at market price (not NAV) cutesy content. Mike Allen, former chief political writer at
and are not individually redeemed from the Fund. Brokerage “So many of those companies were ven- Politico and co-founder of Axios, recently
commissions will reduce returns. Distributed by SEI Investments ture capital backed, and went for growth at sold to Cox Enterprises for $500 million.
Distribution Co. any cost,” says Vivek Shah, CEO of Ziff Mike Allen and Jeff Katzenberg? Could
Davis (ZD), which owns websites including be one more odd couple, working on the
IGN (gaming and entertainment) and Every- next hard thing. B
May 8, 2023 BARRON’S 9

Regional Banks
this past week urged the SEC to ban
short sales of financial institutions for
15 days—along the lines of the short-
selling ban imposed during the 2008

Take a Licking.
financial crisis.
A hedge fund trade group, the
Managed Funds Association, says a
shorting ban would only hurt the
market. “Bans on short selling don’t

Why It’s Time to


work and are counterproductive,” said
the group’s chief executive, Bryan Cor-
bett. “They increase market volatility,
hurt price discovery, and will delay

Look, Not Buy.


the regional banks’ recovery.”
SEC Chairman Gary Gensler told
Reuters that his agency would pursue
any misconduct it found in the week’s
frenzied trading.
For one bank investor, David Elli-
There are undoubtedly bargains in banking. But given son, who manages two bank-stock
the tumultuous selloff, caution should be the byword. mutual funds for Hennessy Funds, it
has been a “brutal” year. Banks have
been battered by rising short-term
rates, commercial real estate worries,
BY BILL ALPERT ings, and Zions at 3.8 times forward Beverly Hills–based Bearish rhetoric around the indus- and tepid loan demand, he says. The

A
PacWest Bancorp
earnings. saw its shares try has distracted investors from the industry has dealt with those issues
vengeful market is wreak- Through Thursday’s bottom, the plunge after First qualities of big banks like Bank of before, but now it’s also wrestling
Republic failed, only
ing havoc on regional SPDR S&P Regional Banking ex- to soar on Friday.
America (BAC), she says. While it’s with the novel afflictions of deposit
bank stocks. Should bold change-traded fund (KRE) fell 18% now down nearly to book value, BofA flight at the speed of light—blame
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

investors start buying? from Monday, before recovering al- has a robust base of small depositors, online banking—and panic-sowing
Not quite yet. most half of that on Friday. more retail than commercial busi- social media. “I’m just trying to stay
No one wants to buy Bank valuations seem to be dis- ness, and solid levels of capital. At a out of the way,” he says. “This is a
bank stocks ahead of a counting a potential recession and time when investors worry about time to be paying attention and look-
recession, says UBS bank analyst Er- long-term changes wrought by digital flighty deposits, BofA is attractively ing for stocks that are beaten down.
ika Najarian. But amid the past week’s banking, UBS’ Najarian tells Barron’s. boring. But that doesn’t mean it’s time to
wrenching moves, she has seen some Large-cap banks are trading between Bank of America is one of the lend- buy.”
long-only investors and some hedge 1.2 and 1.3 times tangible book value, ers with a large portfolio of agency Ellison has maintained his holdings
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

funds dipping back into the market. including the noncash impact of bond mortgage securities—a big investor of favorite banks like Citizens Finan-
Regional bank stocks had been portfolio losses. Back out those items, concern after the collapse of SVB. cial, but says he can’t be sure what
under pressure since Silicon Valley and the stocks are trading at close to Those unrealized losses stood at $99 will be in his portfolio if the turmoil
Bank and Signature were seized by one-times book, a level that has tradi- billion in March, after a year of inter- continues. “I can’t be wed to anything
regulators. But selling surged again tionally attracted buyers. est-rate rises. The bank insists that its right now,” he says.
this past Monday after JPMorgan Najarian thinks that once banks get strengths will allow it to ride out the The problem of evaporating depos-
Chase (ticker: JPM) agreed to pur- through the current storm, their rate cycle before the bonds mature. its is harder to model than traditional
chase First Republic Bank’s assets stocks will trade at 10 times earnings Bank of America was down about 6% loan-book issues, notes Abbott Coo-
from the Federal Deposit Insurance and 1.5 times tangible book. in a week when the S&P 500 slipped per, who runs activist bank invest-
Corp., but not its stock. Beverly Hills, 0.8%. ment firm Driver Management.
Calif.–based PacWest Bancorp Another bank whose share price “The risks in some of these bank
(PACW) plunged 69% through Thurs- Into the Abyss Najarian believes has fallen to silly stocks can’t really be quantified,” Ab-
day before soaring nearly 82% on Fri- Shares of regional banks have been pounded repeatedly. levels is Citizens Financial Group bott says. “It takes a really strong
day. Western Alliance Bancorp SPDR S&P Regional Banking ETF (CFG). The Rhode Island–based re- stomach to wade into these waters.”
(WAL) fell as much as 70%, before the gional has lots of regulatory capital, That said, he likes banks with bal-
$70
Phoenix-based lender pulled out of its yet trades at six times next year’s anced businesses that aren’t depen-
dive on the draft of a Friday upgrade earnings and under 0.9 times tangible dent on a particular product or indus-
to Overweight by J.P. Morgan. Saying 60 book (including noncash accruals). try group. Among the small but solid
that first-quarter results had been Citizens Financial was down 12% on banks in his portfolio are Oklahoma
Patrick T. Fallon/AFP/Getty Images

decent and deposit outflows had stabi- the week. City’s BancFirst (BANF), Reno-based
50
lized, J.P. Morgan bank analyst Steven Many blame the downdraft in bank Plumas Bancorp (PLBC), and Codo-
Alexopoulos also raised Comerica stocks on social-media rumormongers rus Valley Bancorp (CVLY), a York,
(CMA) and Zions Bancorp (ZION) to 40 and short sellers, which can feed Pa., lender that settled a proxy fight
Overweight. panic selling. The American Bankers with Cooper’s firm last year.
In his upgrade note, Alexopoulos Association has called on the Securi- “Whatever we’re going through
30
said that Western Alliance was trad- ties and Exchange Commission to now is going to abate at some point,”
ing at 2.3 times forward earnings, 2023 May investigate the shorts. Corporate law- Cooper says. “It can’t be soon
Comerica at 3.9 times forward earn- Source: FactSet yers at Wachtell, Lipton, Rosen & Katz enough.” B
10 BARRON’S May 8, 2023

R E VIEW 33,674.38
Dow Industrials: - 423.78
495.23
Dow Global Index: - 1.42
3.45%
10-year Treasury Note: unch.

Crisis Over? Not Yet HE SAID:


The week began with Morgan Stanley
saying it would lay off 3,000 workers, “We shouldn’t even be
11,500 Hollywood writers going on talking about a world in
strike, and news that the debt ceiling
was closer than expected. And JPMor- which the U.S. doesn’t
gan Chase bought First Republic Bank
from regulators. After that, the banking
pay its bills. It shouldn’t
crisis spread to regional banks Pac- be a thing.”
West, Western Alliance, and First Federal Reserve Chairman Jerome Powell,
Horizon, which saw shares ham- on a debt default
mered. Oil fell. Stocks slid again after
the Federal Reserve rate hike, then ral-
lied after a big jobs report. On the
week, the Dow industrials fell 1.23%, to
33,678.53; the S&P 500 slipped 0.79%,
to 4136.37; and the Nasdaq Composite
crept up 0.07%, to 12,235.41.
WILL OPEC CUT AGAIN?
Warning: The Earnings Beat

Oil Slides on THE NUMBERS


A grab bag of companies offered a
variety of mixed messages. Uber beat
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on revenue. Starbucks beat but of-

Soft Demand 8.8%


fered lackluster guidance; so did CVS
Health, which warned on acquisition
costs, and Advanced Micro Devices,
The decline of the WSJ Dollar which warned on slowing PC sales.
Index since the year began, Qualcomm met expectations but
After the Organization of the Petroleum Exporting Coun- worst start since 2018 was gloomy, and Apple revenue fell, draw Wagner fighters from Bakhmut
tries and its allies said in early April that members would although iPhone sales were strong. due to lack of military support, as Russian

30%
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cut more than one million barrels per day of oil produc- And in a sign of the times: Edtech forces took defensive positions in expecta-
tion, the path of prices looked clear. Supply was falling, Chegg warned of the threat of artifi- tion of a Ukraine counteroffensive. The
demand was on the rise, and there was only one way for cial intelligence to its business. White House estimated Russia suffered
oil to go—up. The pattern held for about two weeks, but Percentage of investment 20,000 dead and 80,000 wounded since
it has since reversed—and sharply, too. dollars so far this year flowing A Hike and a Sort of Pause December. The Kremlin was hit by two
International oil prices fell 9% in just three days this into actively traded exchange- As expected, the Fed rate-setting com- drones and blamed Ukraine and the U.S.
past week, trading down to $72.33 per barrel, the lowest traded funds, up from 14% mittee raised rates by 0.25%—No. 10
level since December 2021. The price of West Texas last year in this cycle. Fed Chairman Jerome Annals of Deal Making
Intermediate, the U.S. benchmark, fell below $70 for Powell said the Fed may pause and The Federal Deposit Insurance Corp.
the first time since March, erasing all of the gains it
had made since OPEC’s announcement, and then some.
80 K watch the data, and warned of dire
consequences of a debt default.
seized First Republic Bank and accepted a
bid from JPMorgan Chase, which had led

Illustrations by Elias Stein; photograph by Saul Loeb/Getty Images


The problem is that global demand for oil hasn’t re- private efforts to rescue the bank. PNC
bounded as strongly as the bulls had expected. China’s Fentanyl deaths in the U.S. Hitting the Ceiling and First Citizens also bid. JPMorgan
economy has improved, but with insufficient verve. in 2021, tripling from 2016 Treasury Secretary Janet Yellen said took on First Republic’s $93.5 billion in
BP Chief Financial Officer Murray Auchincloss said the government might not be able to deposits and $173 billion in loan assets
this past week that Chinese fossil-fuel demand is up on
the retail side, but “we haven’t seen as much industrial
demand.” In addition, “demand is a little bit soft in
northern Europe.” Marathon Petroleum, a major
35%
Percentage of single-family
pay its bills by June 1, effectively a
deadline for the debt-ceiling debate.
With Congress out of session. Presi-
dent Joe Biden set a May 9 date for a
and paid the FDIC $10.6 billion. JPMor-
gan and the FDIC have a five-year loss-
sharing pact on unrealized loan losses...
Japan’s No. 2 drug company, Astellas
refiner, said on Tuesday that gasoline and jet fuel have homes for sale in December meeting with House and Senate lead- Pharma, agreed to pay $5.9 billion for
been strong, but there has been “sluggishness in de- that were newly built, a record ership. The Veterans Administration Iveric Bio, a U.S. biotech that specializes
mand” for diesel. Morgan Stanley reduced its third- going back to 1982 warned that the GOP budget proposal in eye treatments...The Wall Street Journal
quarter oil price expectation to $77.50 from $90. would create significant problems for said Vice Media is nearing a deal to sell to
What’s next? Some think that OPEC might have to To get Numbers by Barron’s veterans. The White House followed its lenders out of bankruptcy. The price: a
step in again. If prices don’t improve, “we think OPEC daily, sign up wherever with default scenarios and costs. lot less than the $5.7 billion it was once
would be prepared to take additional action to put in a you listen to podcasts or at valued at…Hindenburg Research put out a
price floor and scare off the [short sellers],” wrote RBC Barrons.com/podcasts Ukraine: The Buildup report arguing that Icahn Enterprises
Capital Markets analyst Helima Croft. — Avi Salzman Yevgeny Prigozhin said he would with- units are inflated. Carl Icahn denied it.
May 8, 2023 BARRON’S 11

P R EV IEW Wednesday Walt Disney reports second-quarter fiscal- Sign up for the Review &
2023 results. Shares of the entertainment giant
are up 16% this year, after plunging 44% in Preview daily newsletter at
2022, the worst performance since 1974. The company’s brouhaha with Florida Barrons.com/reviewpreview
Gov. Ron DeSantis continues apace with a lawsuit and counterlawsuit filed.

Monday 5/8 bank is widely expected to raise its


bank rate by a quarter of a percentage
Devon Energy, KKR, McKesson, point, to 4.5%. The United Kingdom’s
PayPal Holdings, and Tyson Foods CPI rose 10.1% in March from the year
release earnings. prior, making it the only Western
European country with a double-digit
rate of inflation.
Tuesday 5/9
The Department of Labor reports
Airbnb, Air Products & Chemicals, initial jobless claims for the week
Apollo Global Management, Duke ending on May 6. Claims averaged
Energy, Electronic Arts, Occiden- 239,250 in April, returning to histori-
tal Petroleum, and TransDigm cal averages after a prolonged period
Group report quarterly results. of being below trend, signaling a loos-
ening of a very tight labor market.
The National Federation of Inde-
pendent Business releases its Small The BLS releases the producer price
Business Optimism Index for April. index for April. The consensus call is
OCCUPATIONAL EXPOSURE Consensus estimate is for a 90 read- for the PPI to increase 2.4% and the
ing, roughly even with the March fig- core PPI to rise 3.3%. This compares

Profs, Beware.
Market-Moving Tech ure. The index has had 15 consecutive with gains of 2.7% and 3.4%, respec-
OpenAI introduced ChatGPT in readings below the 49-year average of tively, in March. The PPI and core PPI
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

November 2022, Microsoft debuted 98 as inflation and a tight labor mar- are at their lowest levels in about two
AI-powered Bing in February, and ket remain top of mind for small- years.

AI Is Coming. Chegg warned of AI this past week.


Microsoft Alphabet Chegg
business owners.

Wednesday 5/10
Friday 5/12
50%
Since the release of ChatGPT, companies have scrambled to The University of Michigan
understand how generative artificial intelligence will affect Brookfield Asset Management, releases its Consumer Sentiment
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

jobs. This past week, IBM CEO Arvind Krishna said the 0 Roblox, Toyota Motor, and Trade Index for May. Economists forecast
company will pause hiring for roles that could be replaced Desk release earnings. a dour 62.6 reading, about one point
by AI—affecting as much as 30% of back-office jobs over -50 lower than in April. Consumers’
five years. And Chegg, which provides homework help The Bureau of Labor Statistics year-ahead inflation expectations
and online tutoring, saw its stock lose half of its value after releases the consumer price index surprisingly jumped by a percentage
warning of slower growth as students turned to ChatGPT. -100 for April. Economists forecast a 5% point in April to 4.6%.
A recent study by a team of professors from Princeton Nov. 2022 ’23 year-over-year increase, matching the
University, the University of Pennsylvania, and New York Source: FactSet March data. The core CPI, which
University analyzed how generative AI relates to 52 human excludes volatile food and energy Coming Earnings Consensus Estimate Year ago
abilities. The researchers then calculated AI “exposure” for At Risk prices, is expected to rise 5.4%, two-
M
occupations. (Exposure doesn’t necessarily mean job loss.) A recent study analyzed occupational tenths of a percentage point less Brighthouse Financial (Q1) $3.31 $3.79
Among high-exposure jobs, a few are obvious—telemarket- exposure to AI language modeling. than previously. Both indexes are Cabot (Q2) 1.31 1.69
ers, HR specialists, loan officers, and law clerks. More Here are the top 10. well below their peaks from last Devon Energy (Q1) 1.38 1.88
KKR (Q1) 0.74 1.10
surprising: Eight of the top 10 are humanities professors. year but also much higher than the McKesson (Q4) 7.18 5.83
In a survey from customer-service software firm Tidio, 1 Telemarketers Federal Reserve’s 2% target. PayPal (Q1) 1.10 0.88
2 English language and literature teachers, Tyson Foods (Q2) 0.80 2.29
64% of respondents thought chatbots, robots, or AI can re- postsecondary Western Digital (Q3) -1.57 1.65
place teachers, though many believe that empathy and lis-
tening skills may be tough to replicate. A survey from the
3 Foreign language and literature teachers,
postsecondary Thursday 5/11 T
Air Products & Chemicals (Q2) 2.65 2.38

Walton Family Foundation found that within two months of 4 History teachers, postsecondary More Earnings on Page 51.

ChatGPT’s introduction, 51% of teachers tapped it for lesson 5 Law teachers, postsecondary Honda Motor, JD.com, Perkin- Consensus Estimate
Day Consensus Est Last Period
planning and creative ideas. Some 40% said they used it at 6 Philosophy and religion teachers, Elmer, and Tapestry hold conference
postsecondary M March Wholesale Inventories 0.10% 0.10%
least once a week, compared with 22% of students. 7 Sociology teachers, postsecondary
calls to discuss quarterly results. W April CPI 0.40% 0.10%
AI isn’t just knocking on the door; it’s already inside. 8 Political science teachers, postsecondary
April Treasury Budget $400.0 bil -$378.1 bil
TH April PPI 0.30% -0.50%
Language-learning app Duolingo has been using AI since 9 Criminal-justice and law-enforcement Honeywell International hosts an
F May Michigan Sentiment 62.3 63.5
2020. Even Chegg unveiled an AI learning service called teachers, postsecondary investor day. Unless otherwise indicated, times are Eastern. a-Advanced;
CheggMate using OpenAI’s GPT-4. Still, Morgan Stanley 10 Sociologists f-Final; p-Preliminary; r-Revised Source: FactSet

analyst Josh Baer wrote that it’s “highly unlikely” that Source: “How Will Language Models Like ChatGPT The Bank of England announces its For more information about coming economic reports
- and what they mean - go to Barron’s free Economic
CheggMate can insulate the company from AI. — Evie Liu Affect Occupations and Industries?” monetary-policy decision. The central Calendar at www.barrons.com
12 BARRON’S May 8, 2023

mones that trigger the body to produce


more insulin and slow digestion, mak-
ing people feel fuller for longer.
Weight loss, in particular, has been
a struggle for drugmakers. Virtually all
previous attempts have been ineffective
and/or dangerous; the list of weight-
loss drugs pulled from the market
over safety concerns is a long one.
But Novo’s and Lilly’s drugs appear
to be safe (though both have significant
side effects), and their efficacy is re-
markable. Patients on Lilly’s tirzepatide
lost 22.5% of their body weight on aver-
age in one trial, while patients on the
Novo drug lost 14.9% in a separate trial.
By comparison, an older Novo drug
called Saxenda, which went on the
market about a decade ago, cut pa-
tients’ body weights by only 7.4%.

When will the drugs be


available?
Lilly’s Mounjaro and Novo’s Ozempic,
Wegovy, and Rybelsus are already on
the market, though high demand has
kept them in short supply. Both compa-
nies have said they are ramping up
production. Novo said in April it had
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a new contract manufacturer ready


to go, and Lilly has said it would dou-

This Weight-Loss Drug Maker


companies’ share prices, or if there’s ble its capacity to make Mounjaro and
still room for upside. similar drugs by the end of the year.
Below, Barron’s guide to navigating If Lilly’s bid for approval to use

Could Be a Portfolio Winner


this new era of obesity medicine. tirzepatide for weight loss is approved
by the FDA, the drug would probably
What’s so revolutionary about be available immediately. (Meanwhile,
these drugs?
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

there are widespread reports that


The first thing to know is that we’re Mounjaro is already being used for that
talking about two drugs that are mar- purpose off-label.)
Everyone is talking about Eli Lilly’s Mounjaro and Novo Nordisk’s Ozempic. keted under a variety of names and
Both drugs are impressive, but for investors, Lily looks to have the edge. formulations, depending on the condi- Are competitors coming?
tion they are intended to treat. Probably. Pfizer (PFE) says it has a pill
Novo sells semaglutide as Ozempic, under development that works simi-
BY JOSH NATHAN-KAZIS ing them the second- and third-largest an injection for Type 2 diabetes; larly to tirzepatide and semaglutide,

I
in all of Big Pharma. That’s a neat trick, Wegovy, an injection for obesity; and while Amgen (AMGN) is testing a
n the year since Eli Lilly an- given that their revenue is about 25% Rybelsus, a pill for Type 2 diabetes. weight-loss drug that uses a different
nounced trial results showing to 30% of that of industry leader John- For now, Lilly’s tirzepatide is sold mechanism. Lilly also has a number of
that tirzepatide—best known by son & Johnson (JNJ), which has a only as Mounjaro, an injection to treat other weight-loss drugs in its pipeline,
the brand name Mounjaro— market cap of $425 billion. Type 2 diabetes. But Lilly will probably including a pill called orforglipron,
helped patients drop more than There’s little doubt that Lilly’s have a new name to add to its market- which could launch in 2027; SVB
20% of their weight, the drug tirzepatide and its Novo competitor, ing roster soon: In late April, it an- Securities analyst David Risinger
has become the most talked semaglutide, will be some of the best- nounced results of a Phase 3 trial find- expects that it could reach $9.9 billion
about, and most hyped, pharmaceuti- selling drugs of the decade. For inves- ing that Type 2 diabetes patients using in sales in 2030.
cal in recent memory. tors, however, it’s time to separate the the drug lost 15.7% of their body weight That said, drug development is an
In recent months, Lilly’s (ticker: opportunity from the hype. when taking tirzepatide. Lilly says it uncertain business. A reminder of that
LLY) drug, and a similar one from Big risks remain for the two compa- will finalize its application for approval fact came this March, when shares of

Illustration by Alberto Miranda


Novo Nordisk (NVO), have joined the nies, including questions of what of the drug as an obesity treatment, the biotech Altimmune (ALT) plunged
pantheon of culture-reshaping phar- health benefits they can prove for the and if all goes well, the Food and Drug after the company disclosed that a sig-
maceuticals that includes the birth- medicines, who will pay for them, and Administration nod could come as nificant share of patients in a closely
control pill, antidepressant Prozac, and which competitors might emerge. And soon as the end of this year. watched trial of its new weight-loss
erectile dysfunction drug Viagra. Lilly for anyone looking at buying into the Both drugs are significantly better drug dropped out due to gastrointesti-
and Novo shares, meanwhile, have companies now, there’s the matter of at lowering blood sugar and promoting nal issues.
soared. Each company now has a mar- whether the sky-high expectations for weight loss than previous medicines. Regardless, analysts say the weight-
ket value of about $400 billion, mak- the drugs are already reflected in the They work by mimicking natural hor- loss market is big enough to accommo-
May 8, 2023 BARRON’S 13

date a number of drugs. In a note last The New Blockbusters Are Lilly and Novo shares a
year, Cowen analyst Michael Nedelco- Lilly and Novo’s latest weight-loss and diabetes drugs are expected to become massive moneymakers. good bet?
vych wrote that he expects obesity Manufacturer / 2022 2029E
Bulls see an enormous long-term op-
drug sales to hit $30 billion by 2030—a Drug Ticker Indication Generic Name FDA Approval Sales (bil) Sales (bil) portunity in Lilly. “Can Mounjaro, plus
number that doesn’t include the Type 2 the pipeline of products that Lilly is
Mounjaro Eli Lilly / LLY Type 2 diabetes Tirzepatide injection May 2022 $0.5 $15.8
diabetes indication. “The market is going to launch into the obesity market
going to be very significant, if indeed N/A Eli Lilly / LLY Obesity Tirzepatide injection Not yet approved N/A 14.6 over the next five to 10 years, create a
these companies can prove that there Ozempic Novo Nordisk / NVO Type 2 diabetes Semaglutide injection December 2017 8.5 16.8 massive sales opportunity that is here
are substantial health benefits beyond to stay?” asks Debra Netschert, a man-
Wegovy Novo Nordisk / NVO Obesity Semaglutide injection June 2021 0.9 11.9
just the weight loss,” says Risinger. aging director at Jennison Associates,
Rybelsus Novo Nordisk / NVO Type 2 diabetes Semglutide tablets September 2019 1.6 7.1 who is one of the managers of the
Just how big could the overall N/A=not applicable; E=estimate Sources: company reports; Bloomberg PGIM Jennison Health Sciences
market be? fund (PHLAX). “I believe it can.”
At an investment conference early this Lilly shares doubled from the start
year, Pfizer CEO Albert Bourla said insurers have signaled that even as Heathy Returns of 2021 through the end of 2022, and
that his company expects the com- they begin to cover Novo’s drug for A new class of obesity and diabetes drugs has helped Lilly the stock has continued to climb. This
bined obesity and Type 2 diabetes obesity (the company says that about and Novo shares outperform. week saw Lilly shares hit an all-time
market for drugs in this category to 40 million Americans now have access high as the company reported positive
Eli Lilly Novo Nordisk Health Care Select Sector SPDR ETF
hit $90 billion globally by 2030. That to Wegovy through their insurance), results on a Phase 3 trial of its Alzhei-
kind of estimate is supported by the not every overweight person will be 200% mer’s disease therapy. Analysts are
extremely widespread nature of the eligible. “We need to really be clear mixed on the full implications of the
two conditions: According to the Cen- about which patients really do benefit 150 new data, and there are real safety
ters for Disease Control and Preven- from these medicines, and make sure issues with the drug, but Lilly avoided
100
tion, 41.9% of American adults are we properly understand how they’re a worst-case scenario of the study
obese, and about 1 in 10 have diabetes. going to use those medicines,” said 50 failing, removing what had been a
And because these medicines aren’t Andrew Witty, CEO of UnitedHealth near-term worry for investors.
curative, patients will probably need Group (UNH), one of the country’s 0 Novo shares have also more than
to take them for a long time, expand- largest health insurers, on an investor doubled over the past two years, and
ing the drugs’ earnings potential. For call in April. Days later, an executive at -50 the company says its Wegovy rollout
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example, analyst expectations for peak health insurer Elevance Health (ELV) 2021 ’22 ’23 is picking up steam as supply capacity
sales of Mounjaro—in both its diabe- said it doesn’t cover weight-loss drugs, Source: FactSet increases.
tes and obesity formulations—include except when required to by state law. For investors looking to make a bet
a heady $100 billion a year (Geoff Lilly and Novo haven’t yet gotten on the obesity drugs, Lilly is the more
Meacham of BofA Securities) and a study results proving that their obe- in the obesity indications would re- promising of the two companies, de-
more modest, but still impressive, sity drugs not only help nondiabetics main limited. Yes, the drugs would spite the stock run-up. Analysts pre-
$40 billion (Jefferies analyst Akash lose weight, but also lower their risk still be megablockbusters, but not dict Lilly’s earnings per share to grow
Tewari). For context: Even the smaller of heart disease and stroke. Both are on the scale many are expecting. by 23% on a compound annual basis
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

of those figures is nearly twice peak currently conducting trials to provide There are other, less obvious from 2022 through 2027, according to
sales of the best-selling therapeutic this data (Novo’s is expected to pro- threats. One is the impact of Medicare FactSet—better than Novo’s 17%, and
in history, AbbVie’s (ABBV) Humira. duce results in the coming months; price negotiations, set to go into effect well above expectations for the rest of
Lilly’s is still years out). If the results in 2026 for Medicare’s prescription- the sector. Merck, by contrast, is ex-
How much do these drugs are positive, it will be much harder for drug program under last year’s Infla- pected to grow earnings by 8% over
cost, and who will pay? insurers to resist covering the drugs tion Reduction Act. Medicare currently the same period.
The drugs cost about $1,000 a month, as obesity treatments. covers both Novo and Lilly’s drugs for “We’re talking about a company
depending on indication and dosing. Meanwhile, legislative efforts to roll diabetes, and Novo’s Ozempic could be that has extraordinary growth poten-
For patients prescribed the drugs to back the law that stops Medicare from eligible for negotiation as early as 2027. tial, probably more than four times
treat diabetes, payment works as it covering weight-loss medications have No one really knows how the negotia- that of the pharmaceutical group
does for most medicines: Drugmakers been ongoing. If they are successful, tions will play out, but it’s possible that overall,” says SVB’s Risinger.
negotiate insurance coverage with the program could be in for an enor- lower Medicare prices for Ozempic And while both companies have
pharmacy benefit managers, and cov- mous bill. A New England Journal of could also affect the prices that Lilly robust drug pipelines, Lilly’s has a
erage builds slowly over time. Today, Medicine paper published in March can fetch for its competitive drug. slight edge. In addition to its obesity
just under 60% of people on commer- found that if only 10% of eligible (Lilly executives note, however, that pill and retatritude, another obesity
cial insurance plans and Medicare Medicare patients took Novo’s drug, a head-to-head trial comparing weight injectable, the company has a host of
have access to Mounjaro, says Lilly. it would cost Medicare $26.8 billion a loss in nondiabetic obese and over- potentially major drugs in the late
When the drugs are prescribed as year, equivalent to 18.5% of spending weight patients on Novo’s drug and stages of development, including the
obesity treatments, though, it’s a differ- on Medicare’s Part D prescription-drug Lilly’s drug is slated to produce data Alzheimer’s drug donanemab, newly
ent story. Lingering debates over benefit in 2019. by 2025. If Lilly were to win that face- approved cancer drug Jaypirca, and
whether obesity should be considered off, it could help the company main- dermatitis treatment lebrikizumab.
a disease mean that insurers often What could go wrong for Novo tain higher prices.) Combine those factors with the
don’t cover weight-loss drugs, and and Lilly? Then there are the threats from early data suggesting that Lilly’s
federal law bars Medicare’s prescrip- The biggest risk for Novo and Lilly is competitors. If the forthcoming Pfizer tirzepatide is a more effective weight-
tion drug benefit from paying for them. that trials designed to prove that the or Amgen drug were to match or out- loss agent than Novo’s Ozempic (a
Investors and analysts say they drugs lower rates of stroke and heart perform Novo and Lilly’s products, head-to-head trial in the works), and
expect insurer coverage to expand in attack in patients without diabetes those glowing analyst projections Lilly looks to be a winning bet on the
the face of patient demand. Still, private fail. In that case, insurance coverage might come down to Earth. obesity-drug boom. B
14 BARRON’S May 8, 2023

and governance, or ESG, initiatives.


At the same time, conservative calls
to boycott consumer brands and fi-
nancial companies accused of corpo-
rate “wokeism” have gained momen-
tum, and several Republican-led states
have passed laws or rules penalizing
companies they view as hostile to
their economic or social interests.
The culture war puts companies in
a bind. There are huge economic in-
centives for them not to back off ESG
goals. Yet the more they speak out, the
more they face reprisals, including
loss of investment or sales from oppo-
nents of progressive policies, notably
in large red states such as Texas and
Florida.
“Republicans are using woke as a
weapon in defining ESG and putting
it under the woke banner,” says Ron
Bonjean, a Republican co-founder of
ROKK Solutions, a Washington, D.C.–
based communications firm.
The kerfuffle over Bud Light illus-
trates the growing challenge for com-
panies as they try to expand sales
with new customers without alienat-
ing core consumers or political con-
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stituencies. Bud parent Anheuser-


Busch InBev (BUD) put two exec-
utives who had come up with the
marketing campaign involving Mulva-
ney on leave. That, in turn, prompted
calls on the left to boycott the com-

Companies Are Under Siege


pany’s products.
While episodes like this blow over,
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

they can have a chilling effect on com-


panies’ willingness to talk about social

In the Culture Wars. How


or environmental goals. A study re-
leased in October by South Pole, a
climate consulting firm, found that
72% of the 1,200 private companies it
surveyed had set emissions targets in

They’re Fighting Back.


line with global climate goals—but a
quarter of those businesses don’t plan
to publicize their plans or achieve-
ments “beyond the bare minimum.”
South Pole dubs this behavior green-
hushing and says it makes climate
targets “harder to scrutinize.”
Critics say companies are embracing too many progressive goals on CEOs are also hushing up. Barron’s
BY DAREN FONDA
contacted all 30 companies in the Dow
everything from gender identity to climate change. What’s at stake. Jones Industrial Average to see if their
chief executives would discuss ESG or
“woke capitalism.” Not one agreed to

A
Bud Light is no lon- called corporate wokeism. a 26% drop in beer sales in a week. talk, though Cisco Systems (CSCO)
ger just something To many people, Bud was simply Companies from BlackRock (BLK) and Honeywell International

Illustration by Tyler Comrie


you grab when you getting with the times by embracing to Walt Disney (DIS) are under siege (HON) offered senior executives.
feel like a beer. A con- activist Dylan Mulvaney, recognizing as political attacks on progressive cor- The loudest voice for ESG on Wall
servative outcry over LGBTQ consumers, and following the porate policies heat up ahead of the Street, BlackRock CEO Larry Fink,
Bud’s marketing cam- lead of brands such as Coca-Cola 2024 elections. Some companies are has gone quiet. Fink placed less em-
paign with a trans- (ticker: KO), Nike (NKE), and Her- fighting back—notably Disney—and phasis on ESG in BlackRock’s latest
gender activist has put the brand into shey (HSY). But the conservative there is scant evidence of firms re- annual letter to investors, after saying
the center of a culture war over so- backlash against Bud Light produced treating from environmental, social, publicly that the attacks had become
May 8, 2023 BARRON’S 15

“personal.” BlackRock didn’t mention hit, revenue recovered and recently hit on companies to stand up on fraught Growing Sway
ESG on its latest earnings call, a rever- record highs. and divisive issues like abortion,” The amount of ESG assets under management is
sal from last year when the company Disney is taking the fight to its big- says Alison Taylor, associate profes- growing rapidly.
cited it as a major growth driver. gest critic, Florida Gov. Ron DeSantis. sor at New York University, where Global ESG assets
BlackRock declined an interview Disney has been battling the Republi- she teaches classes on ESG and
request with Fink and declined to can governor over the state’s ban on sustainability. $40 trillion
comment. sexual-orientation lessons in schools, The anti-ESG rhetoric ramped up
While companies tiptoe around the dubbed by critics as a “Don’t Say Gay” during the pandemic, partly in re-
30
issues, most are disclosing just as law. Chafing at Disney’s criticism, sponse to banks pulling back on loans
many sustainability reports as before DeSantis pushed for legislation that to oil-and-gas companies in an effort
the backlash. And despite attempts to eliminated some of the company’s to combat climate change. More fuel 20
demonize ESG, many companies are long-held special privileges in the for the fire came when a small ESG
still pledging to meet ambitious tar- state. activist fund, backed by BlackRock,
10
gets in areas such as carbon emissions Disney has now sued DeSantis, Vanguard, and State Street, won three
and workforce diversity. claiming his actions amounted to po- seats on Exxon Mobil’s (XOM) board
“Every company is still doing ev- litical retribution. A DeSantis-backed in 2021, pressuring the company to 0
erything they did before, they just tourism board has countersued Dis- cut its carbon footprint. 2015 2020 2021 2026*
*2026 base estimate
don’t want to be political fodder in a ney, and the governor has said the suit The battles aren’t entirely between Source: PwC

campaign,” says Jeffrey Sonnenfeld, a against him is “political” and lacks the right and left, blurring lines on
Yale School of Management professor merit. Wall Street and in Silicon Valley.
and critic of Republican policies. “Re- Critics of corporate “wokeism” include administration for promoting what he
publicans are trying to create a villain How ESG Turned Toxic Tesla (TSLA) CEO Elon Musk, hedge called “woke investment regulation”
and are using anti-woke sentiment as While ESG has been around for de- fund billionaire Bill Ackman, and through a rule that preserves the right
a bête noire.” cades, it started getting conflated with Vivek Ramaswamy, an investor who of 401(k)s and other pension plans to
Companies that spoke to Barron’s so-called wokeism more recently. An wrote a book called Woke Inc. and is offer ESG funds. When Silicon Valley
say they are staying the course. inflection point came with the rise of running for president. Ramaswamy’s Bank collapsed and depositors re-
“There’s this undercurrent of push- Donald Trump, triggering some com- financial backers include Ackman and ceived a bailout from the Federal De-
back,” says Cisco Chief Financial Offi- panies to break with the GOP leader- Peter Thiel, the tech billionaire who posit Insurance Corp., Republicans
cer Scott Herren, referring to Cisco’s ship on trade, immigration, and tech has compared wokeism to Wahha- claimed the bank failed in part due to
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climate initiatives. Yet the company regulation. Nike waded into the cul- bism, Saudi Arabia’s version of Islam. its ESG policies and got a bailout be-
isn’t retreating, he adds, partly be- ture war with a 2018 ad campaign For both sides, the issues are likely cause it was “too woke to fail,” in the
cause it could cost Cisco business if it involving the NFL quarterback Colin to intensify as politicians turn ESG words of Sen. Josh Hawley (R., Mo.).
did. “You can disqualify yourself from Kaepernick, supporting his social jus- into a campaign theme. “Every time
a lot of opportunities if you don’t focus tice protests. More businesses began we come to an election year, we see Walking the ‘Woke’ Tightrope
on driving this, not just in paragraphs taking stands on controversial issues, this kind of language infiltrating polit- Despite the backlash, huge forces and
that sound nice.” including pledges of support for North ical speech,” says Martha Carter, vice financial incentives are aligned to pro-
Companies have also shown they Carolina’s anti-LGTBQ bathroom bill chairman of consultancy Teneo, where mote progressive corporate policies in
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

can weather the storm. Dick’s Sport- and racial justice movements like she advises CEOs and boards on ESG areas like climate change and diversity,
ing Goods (DKS) was attacked by Black Lives Matter after the Char- policy. “The term ESG has moved Disney has faced along with investment in ESG-related
conservatives after the company lottesville, Va., and George Floyd from investment to politics.” protests on the left funds. Governments worldwide have
and right over its
started scaling back on gun sales in protests. House Speaker Kevin McCarthy stance on a Florida set targets to cut greenhouse-gas
2018. Yet while Dick’s initially took a “We started to see more pressure (R., Cal.) recently chastised the Biden education law. emissions, pressuring companies to
Left: Alisha Jucevic/Bloomberg ; right: Octavio Jones/Reuters
16 BARRON’S May 8, 2023

produce more-sustainable products financial companies that the state ESG’s Political Divide
and disclose progress. The Inflation determined were “boycotting” fossil Many Republican-led states oppose ESG investments, while those led by Democrats
Reduction Act and other initiatives fuels. generally support the practice.
supported by the Biden administration, Banks such as JPMorgan Chase
including a big push for electric vehi- (JPM) and asset managers such as States with active legislative efforts to restrict or support ESG investing with state assets
cles and cleaner power, also open up BlackRock have lost business in
Supporting ESG Limiting ESG
vast revenue opportunities. Republican-led states, which have Mixed ESG support No pending or enacted ESG investment
The financial industry has latched blacklisted financial firms because
onto sustainable investing, and ESG of their opposition to some fossil-fuel
fund managers globally are expected projects and firearms policies. AK ME
to increase ESG-related assets under As of March, at least seven states
management to $33.9 trillion by 2026, had passed laws or regulations against
VT MA
from $18.4 trillion in 2021, according ESG when investing state resources,
to consultancy PwC. according to a report by the Harvard
Companies want high ESG scores Law School Forum on Corporate Gov- WA ID MT ND MN WI MI NY CT NH
to attract capital from institutional ernance. Some pro-ESG initiatives are
sources like pension plans—including also passing, but out of 109 proposals OR UT WY SD IA IL IN OH PA NJ RI
funds controlling hundreds of billions at the state level, 86 oppose ESG this
of dollars in states such as California year, up from 14 in 2022, according to
and New York. Governments and law firm Morgan Lewis. CA NV CO NE MO KY WV VA MD DE
companies are also playing a role Critics say ESG brought some of
through capital markets, issuing debt the backlash upon itself, opening itself AZ NM KS AR TN NC SC DC
such as green bonds that incentivize to attack through overcommercializa-
sustainable projects, emissions cuts, tion, combined with fluffy metrics and
OK LA MS AL GA
and biodiversity. targets set so far in the future that
There are also steep opportunity they are meaningless. Even advocates
costs for staying on the sidelines. say it needs an overhaul, including far HI TX FL
Tackling climate change will require stricter standards to effectively blunt Source: TD Cowen

$35 trillion of investment by 2030, the criticism that it’s a front for corpo-
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according to the International Renew- rate “virtue signaling” and asset


able Energy Agency. For companies growth. $32 billion borrowed in the first eight only go so far is that voters don’t ap-
like Cisco, there is profit to be had in While ESG is often criticized for months after the 2021 laws eliminat- pear that comfortable with the back-
selling ethernet-based equipment for promoting a progressive agenda, it ing banks with policies against fossil lash. A survey of 1,261 registered vot-
managing electricity as part of a wasn’t designed as a tool to save the fuels or firearms were passed, accord- ers in the fall, conducted by ROKK
broader drive to cut power consump- planet. Rather, it is a risk-disclosure ing to a paper co-authored by econo- and Penn State University, found that
tion. “There’s a cost for doing this, but system for companies and investors— mist Daniel Garrett of the University 52% believe attacks on “corporate
not doing it is going to preclude our an effort to quantify risks to revenue of Pennsylvania’s Wharton School. wokeism” have gone too far. Moreover,
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

ability to compete for a lot of busi- and profits from things like climate Borrowing costs increased by up to 70% of voters, including 53% of Re-
ness,” Cisco CFO Herren says. change or poor governance. 0.41 percentage point for issuers that publicans, say companies should ad-
“There’s a bigger upside on the had previously sold most of their dress environmental issues, and 57%
top line.” More Bark Than Bite bonds through the underwriters that of voters overall say companies have
Yet as more money flows into ESG, As the backlash grows, so do the eco- quit the market. a right to openly criticize legislation.
and companies seek to reach young, nomic incentives for ESG and pro- “Lots of states are looking at what Many investors remain interested
progressive consumers, they face gressive policies. Far more proxy pro- happened in Texas and want to take in social goals. Thirty percent of
growing reprisals on the right. “Exec- posals in favor of ESG receive support a stance, saying we prefer banks to be institutional investors plan to in-
utives are getting nervous about the from shareholders than those against friendly to our important industries,” crease ESG exposure over the next
anti-ESG backlash from the Republi- it—the anti side is averaging just 1% says Garrett. He adds that the newer 12 months, 19% aim to keep it un-
can party,” says NYU’s Taylor. “This this proxy season, according to RBC anti-ESG initiatives carve out excep- changed, and just 1.6% plan to cut,
year is looking more fraught, polar- Capital Markets. tions for local districts to avoid the according to a recent survey con-
ized, and risky.” BlackRock, which has come under higher costs associated with black- ducted by JPMorgan.
Led by DeSantis, a coalition of 19 fire over its advocacy for ESG, says it listing big banks. The companies that continue to
Republican-led states pledged in lost $4 billion in assets from anti-ESG ESG’s very success may be fueling speak out sound equally resolute.
March to oppose the use of ESG fac- states in 2022, while $230 billion of the backlash too, says Jason Jay, direc- Evan van Hook, chief sustainability
tors in state pensions and other types U.S. assets flowed in amid $400 bil- tor of the Sustainability Initiative at officer at Honeywell, says the com-
of investments. The proliferation of lion globally, according to Fink. the MIT Sloan School of Management. pany’s commitments to sustainability
ESG “is a direct threat to the Ameri- “They’re trying to demonize issues,” He points out that “climate-aligned” aren’t changing because “someone
can economy…putting investment de- he said at the Davos economic forum capitalism is advancing, such as a re- decides that, ‘Oh, now we’re going
cisions in the hands of the woke mob,” in January, adding that if “you do not cent accord by 550 financial compa- to call that woke.’ ” Honeywell has
the governors said in an open letter. have a lens towards decarbonization, nies to reach net-zero emissions by pledged to be carbon neutral by 2035.
Texas is also at the forefront of the you’re not going to win one euro of 2050. “The movement has gained “Even if we didn’t talk about it, the
anti-ESG movement. Banks with poli- business.” so much momentum that it’s really targets are out there,” van Hook says,
cies against fossil fuels and firearms State antiwoke initiatives can cost started to worry fossil-fuel companies “and we’re not going to stop because
were banned from underwriting mu- taxpayers. In Texas, municipal bond and politicians in fossil-fuel produc- someone’s calling them names.” B
nicipal bonds in 2021. Texas also re- issuers incurred $300 million to $500 ing states,” he says. Lauren Foster and Evie Liu
quired public pensions to divest from million in additional interest on nearly Another reason the criticism may contributed to this article.
May 8, 2023 BARRON’S 17

security businesses, leaving it looking


like a closer facsimile of Trane when Heat pumps are the
all is said and done.
Investors didn’t seem to like the
electric vehicles of
deal, even though it should boost sales
growth by at least a percentage point,
heating, ventilation,
to about a 5% annual average from 4%
in coming years, while boosting profit
and air conditioning.
margins by one to two percentage
points. Carrier stock dropped 10%
from April 24, when the deal was first expected earnings before interest,
reported, through April 26, after it taxes, depreciation, and amortization,
was confirmed. The big issue is likely or Ebitda. Include the expected cost
that Carrier expects to make less synergies, and the multiple drops to
money on a per-share basis in 2024 about 13 times, a touch above Carrier’s
than it would have if it had not done own 11 times. “This looks like an at-
the deal. tractive deal, especially in how it ac-
RBC Capital Markets analyst celerates Carrier’s pure-play HVAC
Deane Dray thinks the concerns are transformation,” wrote Dray.
overblown. He estimates the deal will The success of the deal could come
reduce earnings by only five cents a down to how well CEO David Gitlin
share or so—from $2.80 to $2.75—or and Chief Financial Officer Patrick
about 2% of predeal estimated earn- Goris execute. It will be their job to
ings due to the increased share count. integrate Viessmann and manage the
“Overall, we are fans of Carrier’s de- new debt load, which will be around
cision to transition to an HVAC pure- 3.5 times Ebitda. If all goes as planned,
play with an attractive energy transi- Carrier should be generating more
tion turbocharger,” he wrote in a than $22 billion in annual revenue and
recent research report. about $3.7 billion in Ebitda, against

Carrier Bets on the


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$13 billion in debt. With $4 billion of

H
eat pumps are that turbo- free cash flow over the next two years,
charger. A heat pump is like Carrier’s balance sheet should look
an air conditioner, but more similar to Trane’s by 2025.

Heat-Pump Future
efficient, and can both cool If the market sees the same thing,
and heat using electricity. They are Carrier shares could be worth $57
the electric vehicles of HVAC and trading at a Trane-like multiple, up
will go a long way to reducing car- 35% from a recent $42.38. Dray, who
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

bon-dioxide emissions. All told, re- rates Carrier Outperform, has a more
placing all HVAC systems in U.S. conservative price target of $48 a
single-family homes with heat pumps share, up 13%. Dray’s price works out
The HVAC supplier does a deal that should make it look a lot like its rival, would cut roughly as much carbon as to about 17 times his estimated 2024
Wall Street darling Trane Technologies. Investors so far aren’t impressed. putting 60 million Teslas on the earnings, putting his target multiple
road. Carrier’s HVAC business is between Carrier’s existing price/earn-
expected to hit $15.1 billion in 2023, ings ratio and Trane’s.
up from $13.4 billion in 2022. Either way, Carrier looks better
BY AL ROOT Trane Technologies (TT), at least Carrier XCT8 vari- If Carrier is overpaying for Viess- positioned today than it was a week

I
able refrigerant
when it comes to HVAC stocks. Car- units with heat mann, it isn’t by much. The deal val- ago. Investors just haven’t bothered to
f you can’t beat ’em, copy ’em— rier is growing fast, but Trane is pumps. ues the latter at about 17 times 2023’s pay attention yet. B
and that’s exactly what Carrier growing even faster—its earnings in-
Global, the maker of heating, creased at a 28.5% clip over the past
ventilation, and air conditioning three years, and the stock returned Playing Catch-Up
products, is doing. 26.8% over the past 12 months. Trane Carrier is making big changes to close the gap with Trane.
Carrier (ticker: CARR), based also fetches 20.4 times 12-month for-
Carrier Global / CARR Trane Technologies / TT 50%
in Palm Beach Gardens, Fla., ward earnings, a sign of just how
has grown earnings at a more-than-re- much more investors seem to value it Recent Price: $41.10 Recent Price: $176.00 40
spectable 19.4% a year on average over relative to Carrier. 52-Week Change: 4.3% 52-Week Change: 24.6% 30
the past three years. The stock has Carrier stock might now be poised 20
2024E EPS: $2.81 2024E EPS: $9.21
returned 6.1%, including reinvested to close that gap. On April 25, the
2024E P/E: 14.7 2024E P/E: 19.1 10
dividends, over the past 12 months, 10 company announced the acquisition of
percentage points more than the S&P Viessmann Climate Solutions, a lead- EPS Growth*: 19.4% EPS Growth*: 28.5%
0
Courtesy of Carrier

500 index, and fetches less than 16 ing German maker of heat pumps and -10
Sales Growth*: 8.2% Sales Growth*: 13.4%
times 12-month forward earnings, other climate-control products, for 12
-20
well below the S&P 500’s 18 times. billion euros, or about $13.2 billion, in Operating Margin**: 16.3% Operating Margin**: 13.9%
May 2022 ’23
What Carrier hasn’t been able to do cash and stock. Carrier also plans to
is keep up with a Wall Street darling, exit most of its refrigeration, fire, and E=estimate; *Three-year trailing annualized; **Three-year trailing average Sources: Bloomberg; FactSet
18 BARRON’S May 8, 2023

Biofuel Stocks Are


The industry’s future will depend in more than fossil fuels to make, so
part on whether the state and federal government policies play a key role in
credit values rise, and which fuels are bridging the gap. There are companies
prioritized. The fate of at least a dozen like Amazon.com (AMZN) that buy

Sputtering. They
companies—and major investments in cleaner fuels to reach a self-imposed
the industry by companies like BP (BP) net-zero goal, but they remain outliers.
and Chevron (CVX)—hangs in the In the fourth quarter of last year, the
balance. value of credits tied to federal and state
The price crash has “put everybody policies amounted to more than 100%

Could Soon Reignite.


on ice,” says Eric McAfee, the CEO of of the adjusted earnings for Clean
biofuels company Aemetis (AMTX), Energy Fuels (CLNE), a Southern
whose stock is down 78% in the past California company that makes renew-
year. “The impact is a lack of invest- able natural gas for use in transporta-
ment,” he says. “When something is tion, according to Raymond James. As
not happening, it’s much harder for a result, the company’s stock has taken
The market for renewable energy based on cooking grease, animal people to see the pain.” The result is a big hit as the value of credits has
manure, and other waste is in upheaval. It may yet live up to its promise. that you’re “stuck with the same fallen; the stock is down 28% over the
amount of high-pollution, high-cost past year. Darling Ingredients, a renew-
imported crude oils you had last year.” able diesel producer, is down 22%.
BY AVI SALZMAN their peak because of an oversupply. The industry’s stagnation isn’t just a Opal Fuels, another gas producer, is

B
With more credits being produced than problem for the companies. The Inter- down 26%.
illions of gallons of fuel carbon-emitters need to buy, the value national Energy Agency says biofuels The drops come despite the fact that
refined from cooking oil, of each credit has declined. production will have to quadruple from several kinds of renewable fuels are
french-fries grease, land- The federal government has been 2021 levels by 2030 and make up 15% showing they can be viable replace-
fills, and farm byproducts running its own clean-fuels program of global transportation fuel—up from ments for fossil fuels. Biofuels are
are being pumped into the since 2005, requiring that refiners 3.6%—to limit harsh climate-change nothing new, but the market has ex-
engines of American vehi- blend certain renewable fuels into impacts. Biofuels are considered the panded dramatically in the past few
cles every year. As long as gasoline and diesel or pay for credits. Renewable natural best near-term solution to decarbonize years. The best-known biofuel is etha-
people keep planting corn and eating But the Environmental Protection gas, captured from heavy equipment because electric-vehi- nol, which is mostly made from corn
things such as ani-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

fast food, there’s no imminent short- Agency’s latest clean fuel volume mal manure, can be
cle batteries are simply too heavy to and has been blended with gasoline for
age of oil to pump into tanks. But mandates are lower than some pro- piped around the support trucks right now, and the tech- decades; it still makes up about 70% of
there has been a shortage of cash to ducers had hoped, and credit prices country like tradi- nology to electrify airplanes is decades the biofuels market.
tional gas. Below, a
pay for it lately, stalling the industry’s have slipped for products such as Clean Energy Fuels away from being used at scale. But other kinds of fuels are quickly
growth and raising questions about biogas. facility. Most biofuels still cost considerably making their way into fuel tanks
its future.
Following a selloff in the industry
that has pushed several stocks down
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

more than 20% in the past year, some


analysts now see buying opportunities.
Among the names that are receiving
positive buzz are Darling Ingredients
(ticker: DAR) and Opal Fuels (OPAL).
The industry’s problems stem from
upheaval in the market for carbon
credits. California’s Low Carbon Fuel
Standard, or LCFS, which went into
effect in 2011, has been a key growth
driver for the industry. It is designed
to lower the overall carbon intensity
of transportation fuels used in the state
by establishing a credit and debit sys-
tem for fuels. To comply, carbon emit-
ters such as refiners need to produce
cleaner fuels or buy enough credits
from renewable-fuel producers to off-
set their greenhouse gases. It’s so
important to the biofuels industry—
paying out an average of $4.3 billion

Courtesy Clean Energy Fuels


annually over the past three years—
that nearly all of the renewable diesel
produced in the country gets shipped
to California to take advantage of it.
But the value of the credits has fallen
steadily since 2020—credits are paying
out 63% less per ton than they did at
May 8, 2023 BARRON’S 19

Prepare for
the Energy
ALPS Transition
We are in the midst of a global energy

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transition from traditional carbon-based
sources, such as crude oil and natural gas,
to renewable clean energy sources, such
as wind, solar and fuel cells.

ETF (ACES) The ALPS Clean Energy ETF (ACES)


provides exposure to US and Canadian-
based pure-play companies that derive a
majority of their value from a clean energy
business with diversification across seven
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

clean energy segments:

• Solar
• Wind
• Electric Vehicles
• Bioenergy
• Hydropower/Geothermal
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

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20 BARRON’S May 8, 2023

around the country, thanks to govern- Out of Fuel Blair thinks Opal itself could be an
ment support and technological ad- As prices for clean-fuel credits have dropped, so have many stocks in the industry. “attractive takeout candidate,” which
vances. About 5% of U.S. diesel fuel Calif. Low Carbon Credit Price
is one reason he rates it at Buy. He
is now made up of biodiesel or renew- also likes Darling Ingredients.
Darling Ingredients Clean Energy Fuels Opal Fuels Calumet Specialty Products Partners
able diesel, two forms of carbon- Another source of optimism on
friendly fuel with somewhat different 60% biofuels is the emergence of a new
chemical compositions. Renewable market for cleaner aviation fuel.
diesel can be used as a direct replace- Oils from beef, soybeans, and other
40
ment for traditional diesel, whereas sources can be refined in such a way
biodiesel must be blended at a lower as to make them viable replacements
percentage rate. That has helped spur 20 for jet fuel, a market that’s a major
quick adoption, with renewable diesel contributor to climate change. The
capacity quadrupling in the past four biggest U.S. airlines have committed
0
years. By 2025, renewable diesel is to use much more of the cleaner stuff,
likely to account for the majority of known as sustainable aviation fuel,
diesel fuel used on the West Coast, -20 over the next decade, with United
according to the Energy Information Airlines and others even pledging
Administration. $100 million to projects that can
-40
Major refining companies— jump-start the industry.
including Valero (VLO), Marathon The Inflation Reduction Act also
Petroleum (MPC), and CVR Energy -60 included extra subsidies for the air
(CVI)—are all investing in expanding May 2022 ’23
fuel, as have states including Illinois.
capacity for renewable diesel. Chevron Calumet Specialty Products Part-
is also expanding capacity, after buying Sources: OPIS; S&P Global Platts; Bloomberg ners (CLMT), the biggest U.S. pro-
renewable diesel and biodiesel pro- ducer of the fuel, just started making
ducer Renewable Energy Group in 1,000 barrels a day at a repurposed
2022. Normally, one oversaturated market Associates. But she does expect state Montana refinery it owns. That’s a
But all of that added capacity has wouldn’t sink an industry. But biofuels proposals to do better. New York, New minuscule portion of the seven mil-
begun to overwhelm the California producers have limited options. Ore- Mexico, Illinois, and other states are lion barrels of jet fuel used around
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

market, resulting in an excess of low- gon and Washington recently started considering low-carbon standards the world every day, but it’s expected
carbon credits. The accumulated bank up their own low-carbon programs, to meet their own net-zero goals. A to ramp quickly. “We’re at the infan-
of excess credits, which can be used in and British Columbia has one, too, but patchwork of state benefits could sup- tile stage of what we think is going to
future years, could cover at least half a none are as substantial as California’s. port the industry’s expansion goals. be an explosive growth story,” says
year’s worth of carbon emissions with- Federal renewable credits have been New state programs are just one Calumet CEO Todd Borgmann. The
out a single ounce of biofuel being sold helpful but on their own can’t support reason analysts are becoming more Montana site gives Calumet access to
in the state. That oversupply has the industry, analysts say. optimistic about the industry. “I would cheap feedstocks and end markets,
caused the credits to crash. To help bridge the gap, some sena- say that the industry is going through a including Canada and California, that
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Andy Walz, who heads up oil prod- tors have discussed the possibility of much-needed reckoning,” says Mat- are willing to pay up for clean jet fuel.
ucts for Chevron in the Americas, in- a national low-carbon standard. Sen. thew Blair, an analyst at Tudor, Picker- After a decade of losses, analysts ex-
cluding its expanding portfolio of re- Tom Carper (D., Del.) said at a Febru- ing, Holt who covers biofuels. The days pect Calumet to swing to a profit this
newable fuels, says in an interview that ary hearing that a federal standard of “growth at all costs” are over, Blair year, and quadruple earnings by
the decline isn’t going to stop the com- “can provide certainty, predictability, says. “The companies are behaving 2026.
pany’s investments. “Policies do move and flexibility for all stakeholders more as regular businesses.” Raymond James analyst Pavel
around, and prices like this move while also spurring innovation.” But The California Air Resources Board Molchanov thinks it’s worth buying
around, and we’re prepared to weather Republicans disagreed, with Sen. is planning to tighten standards by Clean Energy Fuels on expectations
through it and continue our strategy,” Shelley Capito (R., WVa.) warning next year. Analysts expect credit prices that credits will rise, though he also
he says. that a federal standard could cause to rise considerably—if not back to issued a warning to investors. “This
The impact has been harder on gasoline and diesel prices to rise. their 2020 highs above $200, then at stock’s always-volatile attributes—it
renewable natural gas, which is more Analysts say that the extra compli- least to well above $100. Since the is emphatically not a buy-and-hold
dependent than diesel on the credits. ance costs for refiners can end up board held a meeting on the program name—make it essential to be tactical,
RNG, which is mostly made of meth- trickling down to consumers, and in February, prices are already up, and that means short-term trading
ane, is captured from landfills, sewage, are one reason California’s gasoline from $62 to a recent $82. The EPA is calls,” he wrote.
and animal manure and can be piped prices are higher than elsewhere. also expected to shift its rules in a way McAfee, the Aemetis CEO, says the
around the country like the traditional “I doubt that my state and many that boosts the value of credits known industry may not appeal to fearful
product. There are 281 RNG facilities others, particularly in rural America, as renewable identification numbers, investors. “This is a time for sophisti-
operating in North America, but the will want to import the West Coast’s or RINs, said Opal Fuels co-CEO Jon cated investors to make an amazing
industry makes up less than 1% of U.S. policies,” Capito said. Maurer in a recent interview. amount of money, because the mar-
natural-gas production. BP bought Given the disagreement, and grow- Maurer thinks the best sign that the ket’s just simply wrong,” he says.
landfill-gas producer Archaea Energy ing concerns about inflation, analysts industry will bounce back is that bigger For now, a bet on these companies
last year, with plans to quintuple its doubt that a low-carbon standard players have moved in. Both BP and is dependent on supportive political
capacity. While big companies are could pass at the federal level. “I don’t Shell (SHEL) have announced multi- policy and tech advancements com-
expected to continue their expansion see how the U.S. government is going billion-dollar acquisitions of RNG com- ing together at the same time. If those
projects, some smaller producers say to develop a national LCFS,” says Me- panies in the past year. “This is a big two forces do meet, the stocks could
that low credit prices in California have gan Boutwell, president of transporta- groundswell of support in our indus- rise like jets, regardless of what’s
slowed their development. tion fuels consulting firm Stillwater try,” he says. powering the engine. B
May 8, 2023 BARRON’S 21
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TIAA and its Brazilian partner Cosan


own hundreds of farms across the
country, putting them among Brazil’s
largest farmland investors.

TIAA’s Brush With


tion of America. TIAA sought cheap Ministry report. “Perhaps because
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

farmland, and when it started buying others do the ‘dirty work’ for them.”
Bahia soy farms a decade ago, they TIAA hasn’t been accused of
were one-tenth the price of those in wrongdoing in either criminal or civil
Illinois. Brazil became the biggest part complaints in Brazil. “We don’t engage

Brazilian ‘Land Grabbers’ of TIAA’s agricultural portfolio—more


than a million acres of farms and tim-
ber. And the bet paid. Over the past
decade, Brazil farm prices have in-
creased at six times the rate of U.S.
in improper business practices,” says
TIAA spokeswoman Monica Orbe.
“We follow the laws and regulations of
every country in which we operate.”
Details of TIAA’s dealings with land
land. sellers appear in 100 gigabytes of files
One reason Bahia farm holdings and emails leaked from Cosan (ticker:
The institutional manager prides itself on using “financial services for the were cheap could be the way they be- CSAN), the NYSE-listed Brazilian
greater good.” Some of its deals for Brazilian farmland raise questions. came available. As Brazil developed agribusiness that is TIAA’s farm in-
from subsistence farms to big-time vesting partner. The files surfaced at
agribusiness, the process has been the nonprofit hosting site Distributed
BY BILL ALPERT warned Bahia State authorities of a plagued by “land grabbers”—specula- Denial of Secrets and were examined

T
scheme to win land disputes by brib- tors who often use violence, fraud, and by Barron’s and a not-for-profit jour-
eachers Insurance and ing a judge. His suspected killer, a cop government corruption to assemble nalism group, the Organized Crime
Annuity Association of with a side hustle, was then killed in property that they can flip to big buy- and Corruption Reporting Project.
America found itself in a what prosecutors say was a coverup of ers, according to government officials. Those investment and accounting
rough neighborhood when a farm property corruption scheme TIAA and other foreign institu- records, legal memos, and tax analy-
it started buying Brazilian now being prosecuted. tions have benefited by “outsourcing” ses show that TIAA and Cosan bought
Isabella Finholdt/OCCRP

farmland. These shots might not have echoed land expropriation to land-grabbers, dozens of farmland titles from sellers
On a summer morning beyond Brazil, except that some of concluded a September 2017 Bahia that Brazilian officials have called
in 2014, money lender Genivaldo Dos that farmland was sold four years fact-finding mission by Brazil’s Justice land-grabbers. One of these sellers,
Santos Souza was shot eight times in a earlier to the world’s biggest institu- Ministry. “TIAA and its affiliates may who has since died, was accused of
Brazilian farm town’s square. Not long tional manager of farm assets: Teach- not be directly involved in land-grab- using fraud, arson, and murder to
before, public records show, he had ers Insurance and Annuity Associa- bing and ecocide,” said the Justice drive local farmers from their homes.
22 BARRON’S May 8, 2023

Others are now at the center of the “grileiro”—the Brazilian name for accusations have appeared in a São
Bahia land corruption prosecution land-grabber. In 2011, a legislator on Paulo newspaper and it may only be a
known as Operation Far West that the floor of the Maranhão state assem- matter of time before Radar’s name
started with the slain whistleblower bly accused de Carli of illegally grab- appears in that newspaper,” wrote
Dos Santos Souza and has yet to go to bing 400,000 acres of land by hiring Nuveen lawyer Duane Nelson in a
trial in the national capital of Brasília. thugs who used arson to oust farmers December 2016 email.
“We take these allegations very and killed two people who resisted. “I know the group is aware of the
seriously,” says Orbe. “We also expect While TIAA’s Orbe says all proper- sensitivity around ‘land grabbing,’ ”
the government to investigate and ties were acquired from de Carli le- wrote Justin Ourso, who at the time
prosecute instances of land-grabbing gally, she says the publicity prompted was Nuveen’s head of real assets in-
wherever it occurs.” The TIAA the fund manager to improve its due vesting. “TIAA cannot be surprised
spokeswoman says all TIAA’s farm diligence in 2016 and 2017 with added regarding these accusations again.”
purchases met industry standards for litigation and background checks. TIAA declined to make either Nel-
legal and commercial due diligence at “Only in cases where we are satisfied son or Ourso available to Barron’s for
the time of purchase. Cosan didn’t with these checks on the seller, will questions. Both still work at the firm.
respond to repeated emails and phone we move forward with the land pur-

I
calls from Barron’s. chase,” she says. n December 2019, a 140-page fed-
In the century since it started as a Land-fraud findings against de eral indictment, filed in Brasília,
teacher’s pension fund, TIAA has Carli were issued in 2016 and 2017 by charged José Valter Dias, who had
grown to the nation’s largest nonprofit Brazilian state judges and federal sold two farms to TIAA, and his
retirement manager. It’s as proud of prosecutors. He died in 2019, but a son with bribing judges to win land-ti-
its ethics as its returns. One way the spokesman for his De Carli Group told tle disputes. (TIAA’s name didn’t ap-
$1.2 trillion manager found to pursue Barron’s that all de Carli’s land acquisi- pear in charging documents.) The
its mission of “financial services for tions had been legitimate, that he had murders of Dos Santos Souza and his
the greater good” is to buy farmland— never fomented violence, and that he Cosan owner TIAA says it was aware of the suspected killer were coverups of the
Rubens Ometto,
an asset that feeds the world and is was never charged with a crime. above, is one of longstanding dispute. So it secured conspiracy, said prosecutors.
largely uncorrelated with financial If TIAA thought its land controver- Brazil’s richest men. the property by making separate A defense attorney for Dias and his
TIAA and partner
market moves. A recent study by sies in Brazil were resolved in 2015 Cosan bought farms
deals with each contending party. son says they had no relationship with
TIAA’s investment management unit, when it stopped buying land from de in western Bahia, TIAA executives bragged about this the arrested judges and that the evi-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Nuveen, said U.S. farmland prices Carli, it was mistaken. below, that had solution in internal emails and in dence demonstrates their innocence.
been hotly disputed
rose nearly 7% a year since 2001. Bra- In a western region of Bahia that between two land- marketing presentations to outside Regarding the murders mentioned in
zil’s increased at a 13% rate, with farmers called “the new frontier,” the owning groups since investors. the indictment, the lawyer says he was
steepening gains since 2008, when TIAA/Cosan Radar partnership had 1980. The Bahia land rivals continued to unaware of any suspicion falling on
TIAA started buying. bought a 17,000-acre farm called battle in court, and in 2016 each side either Dias.
Laws in Brazil restrict foreign own- Parceiros in 2010. The farm fell was accusing the other of being a Asked for comment, TIAA said
ership of farmland, so TIAA formed a within a larger area—bigger than the land-grabber. that “legitimate titles were acquired
partnership with Cosan, a holding nation of Luxembourg—that had In internal emails, TIAA executives for both of those properties.”
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

company controlled by one of Brazil’s been disputed between two landown- expressed concern. “The immediate Over three years, the Far West in-
richest men, Rubens Ometto. Starting ing groups since 1980. risk here is that the land-grabbing vestigators have continued gathering
with a venture called Radar, TIAA/ evidence ahead of a trial. Prosecutors
Cosan partnerships bought over 1,000 have filed charges against additional
land titles in Brazil from 2008 to judges—and then against Valter Dias’
2018—the Cosan records show—with rivals in the 40-year long Bahia farm-
about a third of them acquired in re- land dispute. All the alleged land-
lated party deals from Ometto’s family grabbers have denied the charges.
office. TIAA has put in the most On April 12, a Bahia judge invali-
money and been entitled to most of dated the land claims of both Dias and
the economic returns. his rivals—that is, everyone that TIAA
TIAA says the purchases were made had purchased from.
at arm’s length with independent vali- That no longer matters to TIAA.

Victor Moriyama/Bloomberg (top); Isabella Finholdt/OCCRP


dation of their value. Ometto didn’t In 2021, the TIAA partnerships sold
respond to requests for comment. the farms it had bought from Valter
TIAA also invited other pension Dias to a local farmer. Spokeswoman
managers to join Brazil farmland part- Orbe says that leases for farming the
nerships, including government re- properties had expired, and that al-
tirement funds for New York state, lowed TIAA to fetch a better price.
New Mexico, British Columbia, Que- TIAA continues to own more than
bec, Britain, Korea, and Sweden. None one million acres of farm and timber
of these funds responded to questions in Brazil.
from Barron’s. “Our investment thesis is to own
From 2010 to 2015, the TIAA/Co- farmland for the long term, make in-
san partnerships bought more than 30 vestments to improve it, and benefit
titles from Euclides de Carli, whose from income returns generated and
land-consolidation practices had al- capital growth,” says the TIAA
ready gained him a reputation as a spokeswoman. B
May 8, 2023 BARRON’S 23

F UN DS
Scoreboard: Banks Sank
Environmental Activists Financial -services funds took a beating as turmoil picked up again in regional banking. Reassuring
words from the Federal Reserve did little to help.
One Week Year-to-Date

Come After Vanguard U.S. STOCK FUNDS


TOP SECTOR / Precious Metals Equity Funds
BOTTOM SECTOR / Financial Services Funds
S&P 500
U.S. BOND FUNDS
– 1.86%
4.34
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0.36
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Bloomberg Barclays AGG Bond 0.89 3.82

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The ad—the work of an environmental small temperature rises...[and] closer to Hennessy Sm Cp Finl Inv / HSFNX Financial Services – 11.01% – 30.3%
Rydex Banking A / RYBKX Financial Services – 9.93 – 25.5
activist campaign called Vanguard S.O.S.— 10% of GDP for temperature increases Fidelity Sel Banking / FSRBX Financial Services – 9.83 – 25.3
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

is currently airing on CNBC in Chester above three degrees Celsius.” Firsthand Tech Opptys / TEFQX Science & Tech – 9.61 – 11.6
Emerald Fin&Bnk Innv Ins / HSSIX Financial Services – 9.16 – 21.4
County, Pa., the home of Vanguard Group, That analysis matters because it means RMB Inv Fnl Svc I / RMBLX Financial Services – 8.62 – 28.0
which manages $7.2 trillion. that climate change will have a material Hennessy Lg Cap Finl Inv / HLFNX Financial Services – 7.21 – 20.2
Fidelity Sel Energy / FSENX Natural Resources – 6.94 – 10.9
As part of Vanguard S.O.S.’ April 2022 financial impact on businesses Vanguard Fidelity Adv Energy I / FANIX Natural Resources – 6.90 – 10.8
launch, 107 environmental groups— invests in worldwide. Moreover, the worse
including the Sierra Club in the U.S. the temperature change is, the greater the The Largest 25
Assets 3-Year* 1-Week YTD
and the Sunrise Project in Australia— impact. One persistent claim by opponents Fund Investment (billions) Objective Return Return Return

representing some six million people sent of environmental, social, and governance, American Funds Gro A / AGTHX $104.5 Large-Cap Growth 8.8% – 1.16% 9.7%
American Funds Bal A / ABALX $92.5 Mix Tgt All Gro 6.7% – 0.74% 2.7%
an open letter to Vanguard CEO Tim or ESG, investing is that money managers Vanguard Wellington Adm / VWENX Mix Tgt All Gro 8.0 – 0.98 3.8
91.1
Buckley, asking that the firm “tackle its are fiduciaries and therefore must priori- Fidelity Contrafund / FCNTX 89.4 Large-Cap Core 10.4 – 1.76 12.5
climate problem comprehensively” by tize profit maximation over environmental Vanguard Tgt Ret2030 Inv / VTHRX 80.8 Mix-Asst Targ 2030 6.8 – 0.51 5.6
Vanguard Tgt Ret2035 Inv / VTTHX 80.3 Mixed-Asset Target 2035 8.0 – 0.68 5.7
focusing on four goals: improving its concerns. But the science that Vanguard
American Funds Inc A / AMECX 75.3 Mix Tgt All Mod 9.1 – 1.27 0.6
proxy voting on environmental-related acknowledges indicates that climate Vanguard Tgt Ret2025 Inv / VTTVX 74.4 Mixed-Asset Target 2025 5.8 – 0.34 5.3
shareholder proposals, committing to the change will hurt bottom lines. Fidelity SA US Tot Stk / FCTDX 72.0 Multi-Cap Core 14.0 – 1.64 6.2
Paris climate agreement’s goal to reduce The problem is weighing the short- American Funds Wash A / AWSHX 70.8 Large-Cap Value 13.3 – 1.62 0.6
PIMCO Income Inst / PIMIX 70.3 Multi-Sector Inc 3.2 0.70 3.6
emissions enough to limit global warming term risks of missing out on, say, an oil- Vanguard Tgt Ret2040 Inv / VFORX 70.0 Mixed-Asset Target 2040 9.1 – 0.83 5.9
to 1.5° Celsius, shifting investment policy stock boom versus the long-term risks of a American Funds EuPc R6 / RERGX 69.3 Intl Large-Cap Growth 8.9 – 0.70 9.8
to manage climate risk, and integrating decimated fossil-fuel industry. “Fiduciary American Funds ICA A / AIVSX 68.2 Large-Cap Core 12.3 – 1.56 6.2
Vanguard Tgt Ret2045 Inv / VTIVX 65.9 Mixed-Asset Target 2045 10.2 – 1.02 6.1
“climate justice” into business decisions. duty means you have to consider the folks Dodge & Cox Stck I / DODGX 63.9 Multi-Cap Value 17.0 – 2.85 – 1.0
Although Vanguard has long claimed you have to pay out in 20 years with the Fidelity SA Core Inc / FIWGX 63.2 General Bond – 1.4 0.72 4.0
that it engages with companies privately, it same level of responsiveness as the folks American Funds CIB A / CAIBX 61.0 Global Equity Income 8.1 – 1.14 2.2
Vanguard PRIMECAP Adm / VPMAX Large-Cap Core 14.1 – 0.11 6.8
has a poor public record relative to peers you do now,” says Jessye Waxman of the 58.9
American Funds FInv A / ANCFX 57.8 Large-Cap Core 11.7 – 1.68 5.1
such as BlackRock, State Street, and Fidel- Sierra Club’s Fossil-Free Finance cam- Dodge & Cox Income I / DODIX 56.0 Core Bond – 0.7 0.40 3.6
ity of supporting ESG-related shareholder paign. “This matters for long-term inves- Vanguard Tgt Ret2050 Inv / VFIFX 53.6 Mix-Asst Targ 2050 10.3 – 1.11 6.1
proposals. That, plus the fact that it with- tors like Vanguard, which have many Vanguard Div Gro Inv / VDIGX 52.3 Equity Income 14.0 – 1.06 0.4
American Funds NPer A / ANWPX 51.6 Global Large-Cap Growth 11.8 – 0.82 9.7
drew from the widely supported Net Zero clients who are saving for retirement, Fidelity Str Adv Cre Inc / FPCIX General Bond – 1.9 0.85 4.2
50.5
Asset Managers initiative to cut emissions including people looking to retire much
*Annualized 04/30/2020 to 05/04/2023. Through Thursday. Source: Lipper
in December, means that the negative closer to midcentury.” B
24 BARRON’S May 8, 2023

I N C O M E I N V E ST I N G TECH TRADER
Dividends and Growth? Even as Tech Struggles,
Big Pharma Has Both Apple Manages to Thrive
BY LAWRENCE C. STRAUSS and is expanding in oncology treat- BY TAE KIM perience on a device they use for hours
ments, which should be “an important every day. Warren Buffett, one of Apple’s

H A
ealthcare stock dividends look growth driver,” according to a recent J.P. pple is special. largest shareholders, figured it out years
stingy at an average 1.7%, be- Morgan note. For weeks now, we’ve seen ago when he saw his grandchildren glued
low sectors like utilities at One of Gilead’s promising drugs is data pointing to continued to their iPhones.
3.2% or real estate at 3.7%. But Trodelvy, which is used to treat breast struggles for all kinds of tech- The sticky nature of Apple’s ecosystem
some Big Pharma stocks yield 3% to 4% cancer and could be expanded to other nology hardware. PC demand is tum- plays a big part, as well. Earlier this year,
and could be good defensive bets in a types of tumors. It is patent-protected in bling. Smartphones are struggling to the company said its install base sur-
sluggish economy. the U.S. through 2028, according to grow. It was a tough setup for Apple. passed two billion active devices. During
“The case for owning them is 4%-ish Gilead. The drug’s sales totaled $680 And yet the company delivered. the earnings call on Thursday, manage-
yields and you don’t need to worry about million in 2022, up from $380 million the On Thursday evening, Apple reported ment said paid subscriptions across its
the economy,” says Jenny Harrington, prior year. Gilead also has 22 drugs in March-quarter results above expecta- platform—including Apple Music, Apple
CEO and portfolio manager at Gilman late-stage development, makes an antivi- tions. Revenue fell by 3% year over year, TV+, and iCloud—have reached 975 mil-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Hill Asset Management. ral drug for Covid, and is working on but iPhone sales were actually up. lion, double the level from three years ago.
Pharmaceutical stocks are tough to another Covid treatment. The stock surged 5% on the earnings Then there are the attractive share-
handicap. Even when a blockbuster drug Gilead’s profits are expected to dip 6% and revenue beats. holder returns. What sometimes gets
is flourishing, patent expirations always to $6.82 a share this year and then rise Overall demand for computers and overlooked is the sheer magnitude of Ap-
loom, making it difficult to forecast sales modestly in 2024 and 2025, reaching $7 smartphones has been in free fall, follow- ple’s financial prowess. This past week,
more than a few years out. Future value to $8 a share. The dividend looks well- ing a large pull forward in spending dur- Apple authorized an additional $90 bil-
lies in pipelines of drugs in various stages covered, and shares, at a recent $81, trade ing the pandemic. Last month, IDC said lion stock buyback and increased its divi-
of development. And companies tend to at just 11 times estimated 2024 earnings. worldwide shipments of PCs fell 29% in dend for the 11th consecutive year, while
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

make huge acquisitions to rebuild sales, Another of Clayton’s holdings is the first quarter from a year earlier. Simi- vowing more annual increases going for-
sometimes buying rights to drugs that Merck (MRK). Sales of its blockbuster larly, Intel (INTC)—the largest supplier ward. There is room to do so, given that
have yet to be proven winners. cancer drug, Keytruda, grew 22% last of PC processors—recently reported a Apple generated about $100 billion in net
A dividend isn’t going to be the driving year to nearly $21 billion. Its sales are 36% decline in revenue for the March income during its last fiscal year.
force in a pharma stock’s success, but it expected to jump to $24 billion this year, quarter. “Few things in the market are as cer-
can serve as a bulwark and support re- or 41% of Merck’s $58.7 billion total, ac- The mobile phone market isn’t much tain as Apple’s cash-generating abilities,
turns. Pfizer (ticker: PFE) has a 10-year cording to consensus estimates. Its U.S. better. Research firm Canalys said first- product resilience, and remarkably high
annualized return of 7.5%, including divi- patent expires in 2028. quarter worldwide shipments for mobile consumer sentiment,” Jefferies analyst
dends, well below the S&P 500 index’s Merck will need to rebuild sales when phones fell 13% year over year due to Andrew Uerkwitz wrote in a note to cli-
12.3%. Without the dividends, its annual Keytruda goes off patent, and its ability to difficult economic conditions. On ents after earnings.
price gain is 3.7%. Bristol Myers Squibb do so remains an overhang on the stock. Wednesday, Qualcomm (QCOM), the Apple shares aren’t cheap. Its stock
(BMY) has a 10-year return of 8.7%, ver- The company recently announced a $10.8 leading maker of mobile processors and trades for roughly 28 times projected
sus 5.6% for the share price alone. billion deal for Prometheus Biosciences, a 5G wireless chipsets, posted a 17% reve- earnings for the next 12 months, a high
Iain Clayton, a senior portfolio man- biotech with a late-stage drug that could nue decline in the March quarter, while price to pay for a technology company that
ager of the Schwab Health Care fund be used for conditions such as ulcerative giving a markedly worse-than-expected is barely growing. If we are headed into a
(SWHFX), doesn’t initially seek out divi- colitis, Crohn’s disease, and other auto- forecast, citing softening demand for broad-based consumer recession, Apple
dends. But “when you focus on quality immune conditions. Merck is also work- smartphones. won’t be immune to economic pressures.
and stability, that leads you toward larger ing with Moderna (MRNA) to develop a Through it all, Apple still managed to But Apple may be a relative haven
companies that aren’t as risky and, in the cancer vaccine. “There is risk out there, deliver growth in year-over-year iPhone compared with other big technology
pharma space, have good yields,” he says. but there seems to be enough going on in sales. stocks. Investors are more likely to look
For such stocks, he argues, pipelines, the pipeline,” says Clayton. In a world where most technology past short-term bumps because of confi-
patent expirations, and current sales are At a recent $118, Merck stock is up 6% products are commodities, Apple’s cus- dence in the iPhone franchise. And con-
“paramount” to valuations. But the safety this year, pushing past its 52-week highs. tomers are less likely to be swayed by sumers are likely to keep upgrading and
of the dividend “does provide some de- It’s also at a premium to its historic valu- discounts. It has a stellar brand, high sticking with Apple’s devices years into
gree of security as you wait.” ation, at about 14 times estimated 2024 customer satisfaction, and incredible the future.
One of his holdings is Gilead Sci- earnings. Investors can pocket a 2.5% loyalty. Apple deserves a premium because
ences (GILD), which yields 3.7%. The yield while they wait to see if Merck’s Consumers are willing to spend a few there aren’t many companies with that
company is a strong player in HIV drugs pipeline and deal making will pay off. B hundred dollars more to get a better ex- kind of loyalty. B
May 8, 2023 BARRON’S 25

THE EC ONOMY
As the latest job numbers indicate, past
monetary-policy tightening has yet to produce
an easing in tight labor markets.

Who You Gonna


2% inflation target is reached. March 22 meeting, which had the
To cool inflation in past economic core personal-consumption expendi-
cycles, the Fed has historically lifted tures deflator increasing at a 3.6%
its federal-funds target above the rate annual rate at the end of 2023 and at

Believe on Rates,
of increase of average hourly earn- 2.6% at the end of 2024. Given that
ings for nonsupervisory workers (the the core PCE deflator rose at a 4.9%
bosses’ pay being less cyclical). The annual rate in the first quarter, with
exception was during the long, slow no sign of slowing from preceding

Powell or the Market?


recovery following the 2008-09 quarters, 3% inflation for now is a
financial crisis, when the struggle forecast from Washington, D.C.’s
for central bankers was to lift infla- favorite economist, Rosie Scenario.
tion to their 2% target. The price shocks resulting from
“Based on the current wage data, the pandemic are becoming embed-
history says the tightening cycle has ded in inflation psychology, however,

T
yet to reach its peak rate, and the according to a research note from
his past week’s expected, by 0.5% in the latest month duration of the higher official rate JPMorgan chief economist Bruce
economic narrative and 4.4% from a year ago. cycle could extend much further than Kasman. As the latest job numbers
went something As always, there were nits to be the markets expect,” writes Joseph indicate, past monetary-policy tight-
like this: The picked out of the latest jobs report. Carson, former chief economist for ening has yet to produce an easing in
Federal Reserve’s April’s payrolls gain was offset by AllianceBernstein, on his blog, tight labor markets.
interest-rate downward revisions totaling 149,000 whence came the nearby chart. Central banks are embracing
increases have in the two preceding months. Part of The real interest rate is what’s left “disinflation gradualism” to bring
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

set off a crisis among regional banks the latest rise in payrolls was due to after taking away inflation from the inflation back to target over a two-
that will produce a crippling credit the Department of Labor’s so-called nominal rate. At his news conference to three-year period, he says. That
crunch and send the economy spiral- BY RANDALL birth/death adjustment to reflect as- this past Wednesday following the aims to avoid scuttling the postpan-
ing into an imminent recession. W. FORSYTH sumed net business formations. And central bank’s policy meeting, at demic recovery, and now, worsening
By Thursday, regional-bank stocks the separate survey of households which it set the new 5%-to-5.25% fed- the financial-sector turmoil.
were in a free fall again, just days showed a slight dip in the labor force, funds rate, Fed Chairman Jerome “However, if central banks are
after the rescue of First Republic which flatters the jobless rate. Powell posited that the real rate was successful in navigating the expan-
Bank by JPMorgan Chase (ticker: The bottom line, as neatly summed about 2%, after subtracting what he sion through this turbulence, they
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

JPM) supposedly had staved off a up by Jefferies economist Thomas said was a “reasonable estimate” of 3% are likely to reinforce the underlying
widening crisis. The Federal Reserve Simons, is that demand for labor is for inflation over the next 12 months. shift in the inflation process now un-
had just raised interest rates for the easing but its supply is increasingly That would be in line with the derway and will be under pressure to
tenth time the day before, and the scarce. That means wage growth has Fed’s most recent Summary of Eco- restart the tightening process,” says
markets were pricing in rate reduc- to slow substantially before the Fed’s nomic Projections, compiled for its Kasman.
tions by the central bank as soon

E
as July to counter the anticipated ven after Friday’s solid jobs
economic fallout from the apparent Rates Getting Real, Finally report, interest-rate futures
bank crisis. To curb inflation, the Federal Reserve historically has pushed the federal-funds rate above wage growth markets remain convinced
But a day later, new numbers con- for nonsupervisory workers, except after the 2008-09 financial crisis. It's just about there now. that the Fed will have to
tradicted the negative narrative. The Effective federal-funds rate Year-over-year change in average hourly earnings
begin to take back its rate hikes
data, moreover, underscored that the starting with its Sept. 19-20 meeting,
real economic problem—inflation— 12.5% according to the CME FedWatch tool.
remains. If anything, the Fed has By year end, fed futures still had
more room to raise interest rates than three one-quarter-point cuts priced
to cut them, presuming it follows the 10.0 in by Friday’s settlement.
numbers. The March Fed SEP projects a
April’s employment report showed 7.5 5.1% year-end funds rate, roughly the
a 253,000 increase in nonfarm pay- midpoint of the present target range.
rolls, roughly a third more than the Powell underscored that at his news
5.0
consensus of economists’ forecasts. conference following the May 2-3
The unemployment rate dipped by Federal Open Market Committee
one-tenth of a percentage point, to 2.5 meeting, saying that if the Fed’s fore-
3.4%, the lowest since May 1969, cast is “broadly right, it would not
rather than ticking up by that much, 0
be appropriate to cut rates, and we
as economists had guessed. And won’t cut rates.”
with the lower jobless rates, average 1983 ’85 ’90 ’95 2000 ’05 ’10 ’15 ’20 After all, rates are only now
hourly earnings were up more than Sources: Bureau of Labor Statistics; Federal Reserve; St. Louis Federal Reserve Bank getting real. B
26 BARRON’S May 8, 2023 May 8, 2023 BARRON’S 27

Q&A An Interview With Matthew Fine


Portfolio Manager, Third Avenue Management
“There is no metal or natural resource more critical to renewable energy than
copper. It is critical to the basic functioning of modern society.” Matthew Fine

Coal, Copper,
investment in maintaining existing oil basis, the earnings multiple would Capstone Copper [CSCCF]. Why?
production globally is going to result shrink to a mid-single digit multiple. We have gone through a period where
in shortfalls of oil production. And the all kinds of natural-resource produc-
roughly 25%-plus of global oil produc- The fund has owned Warrior Met tion has been viewed as antiquated.
tion that takes place offshore is essen- Coal [HCC] since 2017. Why did you It isn’t reviled to the extent that coal
tial. There is an accelerating mismatch buy the stock—and hold on? is, but mining in general has been

And Other
between the demand for supply ves- This is another position we bought post- frowned on from a capital-markets
sels and the supply. The fleets today bankruptcy. Warrior’s two mines were and an environmental perspective.
are far smaller than a decade ago, so part of the former Walter Energy. The There is no metal or natural re-
if demand continues to increase, that company had a terrible balance sheet source more critical to renewable
could be a powerful recipe for upside. and was controlled by private equity energy than copper. It is critical to the

Contarian Picks
and its creditors. After the bankruptcy basic functioning of modern society
What is another stock you like? process, it came out with a net-cash but also incredibly scarce. We’ve done
Bank of Ireland [BKRIY] is one of balance sheet and the two crown-jewel a terrible job of finding more copper
my highest-conviction investments. assets of Walter—two metallurgical coal resources. Part of the reason is be-
When we bought the stock in 2019, we mines in Alabama. The company is cause capital markets have frowned
took the view that the unprecedented developing a third mine, Blue Creek. on mining, and capital has been ex-
interest-rate environment—in Europe, The company has about $200 mil- pensive and hard to come by. Copper
BY LAUREN FOSTER investment culture of this firm, and that meant negative interest rates from lion worth of excess coal inventories demand is increasing, and there will

M
that meant, ironically, turning back a policy perspective—created about the on its balance sheet. It also has $500 be a shortage because it is hard to find
atthew Fine was just out the clock on Third Avenue to its earli- worst banking environment from a rate million of net cash, so that’s $700 more at a reasonable cost.
of college when he got est and most successful days,” says perspective that has ever existed. It put million. And the Blue Creek project Renewable energy will also drive
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

the best advice of his Fine. “We were eager to take it back pressure on the interest income and has a net present value—at long-term demand, whether it is electric vehi-
life: If you want to be to this traditional, fundamental, deep- interest margin earned by banks, and normal coal prices—of about $1 bil- cles, wind energy, or solar. Those tech-
an investor, go work for value, contrarian approach that Marty thus, return on equity. lion. So, you have $1.7 billion of value nologies, and facilitating their connec-
Marty Whitman, the built.” However, price is what matters. Bank on a $1.9 billion market cap. There is tion to the grid, have the potential to
legendary value investor Fine spoke with Barron’s on April of Ireland got down to 40% of book only $200 million left attributed to the be a demand accelerant for copper.
who founded Third Avenue Manage- 24 about Third Avenue’s transforma- value, even though it was earning only two operating mines, which generated Capstone is copper-focused and a
ment in 1986. tion, his investment style, and stocks about a 5% return on equity in 2019, close to a $1 billion of Ebitda [earnings mid-cap company—far cheaper than
And so he did, starting “about one he’s excited about. An edited version which is terrible from a banking per- before interest, taxes, depreciation, the mining majors. Its assets are in
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

step above the mailroom” in 2000 and of the conversation follows. spective. But if you’re paying only 40% and amortization] in 2022. politically safe mining jurisdictions,
climbing the ladder to portfolio man- of book value, you’re getting a double- Coal is reviled because of its carbon and it has one of the best production-
ager of the firm’s flagship strategy, the Barron’s: The Third Avenue Value digit earnings yield. We thought that content. But you can’t make steel with- growth profiles in the industry. By the
$900 million Third Avenue Value fund was in the bottom quartile when the pendulum had swung so far out iron ore and metallurgical coal. end of 2023, we expect the company to
fund (ticker: TAVFX), which he has in 2017-19 and top quartile in from an interest-rate perspective, the Warrior is trading today at less than be producing at a rate that would trans-
overseen since late 2017. 2020-22. What changed? probabilities were in favor of improve- three times trailing earnings per share. late to roughly $1.1 billion of annual
Last year, the fund returned 17.5%, Matthew Fine: When the portfolio- ment. That played out to our benefit. I suppose it could stay incredibly Ebitda at today’s copper prices. With
including reinvested dividends, while management team changed in 2017, In Ireland, the regulatory environ- cheap at a low-single digit multiple an enterprise value of $4.1 billion, that
the S&P 500 index returned a negative statistically speaking, the portfolio be- ment is extremely strict, and the bank- of operating cash flows. But the one would translate to a multiple of about
18.1%. That performance placed Third came much cheaper, much more global ing industry has consolidated in the thing that really attracts us to Warrior four times. However, copper prices are
Avenue Value in the first percentile of in orientation, less U.S.-focused, past 24 months from five banks to is that the company has been distrib- far more likely to rise than fall over the
its category, according to Morningstar, smaller in market capitalization, and three banks, of which Bank of Ireland uting, in large special dividends, all of medium term, and Capstone’s cash
meaning that it delivered better returns more contrarian and opportunistic. securities at a substantial discount to a portfolio based on the benchmark. an incredible bargain. In the bank- is one of the two largest. The increased its excess unencumbered cash flow. flows are leveraged to copper prices.
than 99% of its peers. The fund is in what we believe to be conservative esti- ruptcy, Tidewater had written down scale, improved competitive environ- Another bit of icing on the cake from
the top quartile over three and five How do you choose investments? mates of a company’s net asset value. Which stocks stand out? the carrying value of its assets by ment, and improved interest-rate envi- the bankruptcy process was that Do you have a favorite Marty story?
years, with annualized total returns of We are looking for businesses that have Our biggest holding is Tidewater about 75%, meaning that it was carry- ronment are all working in favor of far Warrior came out with a huge net- Possibly my favorite Marty quote is,
37.5% and 7.9%, respectively. That’s fallen on some sort of difficult, but What does the portfolio look like [TDW], which operates a fleet of plat- ing its fleet at about 25 cents on the better returns. operating-loss carryforward, so it “The next time someone walks into
quite a comeback, considering that resolvable, set of circumstances. The overall? form supply vessels supplying oil and dollar postbankruptcy. We bought it at Today, Bank of Ireland is valued at wouldn’t pay material taxes for a long this room with a perfect investment
Third Avenue struggled when growth circumstances could be macroeco- We tend to hold about 30 positions. gas platforms. An important part of a substantial discount to that restated about 90% of stated book value. It just time. That is still the case. It isn’t pay- will be the first time.” He said it a
took off and value fell out of favor, lead- nomic, or at an industry level where The largest 10 typically constitute our investment process is searching book value. That felt like a bargain in reported 2022 return on equity north ing any cash taxes on all of this cash number of times while presiding over
ing to management turnover and poor the industry is going through a cycle about 50% of the portfolio. By U.S. for companies emerging from the an industry that we were confident of 10%, so it is still valued at a single- flow. Cash will pile up and eventually investment-team meetings. He would
performance. or a depression, or it could be at the mutual fund standards, that’s a highly bankruptcy process, as Tidewater did. was going through a cyclical, not a digit multiple of earnings and double- be distributed to shareholders again. go on to explain that there was some-
Whitman, who died in 2018, company level, where a company has concentrated portfolio. We do that The beauty of that is twofold: One secular, decline. We bought the stock digit earnings yield. However, the con- Since emerging from bankruptcy, thing wrong with every investment,
stepped back from managing the tripped up in some way. We’re trying across market capitalizations, geogra- is that companies coming out of bank- in 2017 in the mid $20s per share, and solidation of the Irish banking market Warrior has distributed almost the and if you don’t know what was
value fund in 2012. In 2017, the firm to find areas where the pessimism has phies, and industries. And we are ruptcy have usually cleaned up their today it is about $45 per share. has only happened recently and Bank equivalent of its market capitalization wrong with an investment, you didn’t
made a series of changes that set it become excessive or irrational, and buy benchmark-agnostic, which means balance sheets. Tidewater exited of Ireland management is credibly fore- today in special dividends. fully understand it.
on the course it’s on today. “We made I don’t know what the composition of bankruptcy with essentially a net- Does Tidewater have more upside? casting that the bank can reach a 15%
a commitment to reinvigorating the Photograph by COLE WILSON the benchmark is, and I don’t structure cash balance sheet. And two, we got I see a lot of upside. The dearth of return on equity by 2025. On that One of your largest investments is Thanks, Matt. B
28 BARRON’S May 8, 2023
MARKET WEEK
May 1 through May 5, 2023
Euro Trader P. 31 Charting the Market P. 34
Striking Price P. 32 Winners & Losers P. 35
Inside Scoop P. 33 Research Reports P. 36
13D Filings P. 33 Statistics P. 37
Power Play P. 33
MARKET PERFORMANCE DASHBOARD
Dow Jones Industrials S&P 500 Nasdaq Composite SPDR S&P Regional Bank ETF
33,674.38
52-wk: +2.36% YTD: +1.59% Wkly: -1.24%
4136.25
52-wk: +0.31% YTD: +7.73% Wkly: -0.80%
12,235.41
52-wk: +0.75% YTD: +16.90% Wkly: +0.07%
$38.35
52-wk: -38.35% YTD: -34.71% Wkly: -10.10%
20%
The Big Get Bigger Take a Hike Bank Angst Rebound
Large bank stocks rose while The Federal Reserve’s policy Regional bank stocks Shares of beleaguered regional
regional bank stocks fell on committee increased the tumbled on Thursday, with banks staged a comeback on
Monday. JPMorgan Chase will fed-funds rate by a quarter shares of PacWest Bancorp, Friday, but still finished the
take over First Republic Bank’s of a percentage point on First Horizon, and Western week nursing major losses. 10
assets and deposits in a deal Wednesday and signaled a Alliance Bancorp taking the The SPDR S&P Regional
brokered over the weekend. potential pause ahead. brunt of the selling. The S&P Banking ETF is down 35% in
500 lost 0.7%. 2023.
0
-10
-20
Monday Tuesday Wednesday Thursday Friday Close
Source: Barron’s Statistics
C
onsidering the way the Fed raised rates by a quarter-point public Bank to JPMorgan Chase
THE TRADER this year has gone,
one would expect
the Federal Re-

but indicated that a pause is, indeed,


on the way. The S&P 500 fell 0.8%,
while the Dow Jones Industrial Aver-

(JPM), which was supposed to end the


crisis but seems to have accelerated it
instead. High rates, remember, are one
serve’s likely pause age dropped 1.2%. Only the Nasdaq of the main reasons that banks are
in interest-rate Composite, up 0.1%, finished higher. under pressure in the first place, as
hikes to send the We can easily dash off a few rea- depositors leave for higher-yielding
For Banks, stock market higher. That’s not what
happened—and for good reason.
sons for this past week’s decline. A
market expecting a pause isn’t a mar-
alternatives. Another increase—and
a plan to stay high—won’t do much to
A ‘Hawkish The S&P 500 index had gained 7.7%
this year, partially on hopes that the
Fed will take a break. Economic

BY JACOB
SONENSHINE
ket that rallies when it gets what it
wants. And while the Fed did signal
the end of rate hikes, it didn’t signal

help the situation.


“The Fed is not really thinking
about what can go wrong with the
Pause’ Is growth has been slowing, dragging
down inflation with it, providing Fed
the beginning of rate cuts, leading
some observers to refer to Powell’s
banking system,” says Rhys Williams,
chief investment officer at Spouting
Hardly a Chairman Jerome Powell with a reason
to stop tightening monetary policy, if
action as a “hawkish pause.” But the
biggest reason might be the continued
Rock Asset Management.
Powell also played down the possi-
Pause at All he so chooses. That’s a relief to the
market, which struggled last year with
collapse of bank stocks.
The SPDR S&P Bank exchange-
bility that the Fed could—or should—
do anything about the debt ceiling.
some of the fastest rate hikes in history. traded fund (ticker: KBE) dropped 8.1% Treasury Secretary Janet Yellen has
Yet the stock market dropped when last week, despite the sale of First Re- put the X-date at June 1, less than a
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
May 8, 2023 BARRON’S 29

month away. Financial markets are wor- That drove earnings up 25% to 74 cents a
ried, even if the stock market isn’t. The share, better than the expected 59 cents.
cost of protecting against a U.S. default It wasn’t enough. Management only
with credit default swaps has risen tenfold
since the end of 2022, while Thursday’s
auction of one-month Treasury bills saw
reaffirmed its fiscal 2023 same-store-sales
guidance for 8% growth, but didn’t raise its
forecast. That raised concerns about what
See what you are
yields hit a record high of 5.84%. Add it to
the list of things the Fed is not really
thinking about.
management saw that spooked it enough
to leave its outlook unchanged. Starbucks
stock had fallen 8.5% to $104.72 on
missing out on!
Of course, a stronger-than-expected jobs Wednesday afternoon, on pace for its
report did a lot to calm nerves about an biggest drop since March 2020.
imminent recession. But despite a big Fri- There’s a good chance, though, that
day gain, the S&P 500 was unable to get guidance is conservative. Many analysts
back to 4200, a key level that has acted as
a ceiling on the index. And the longer the
expect comparable sales to grow just over
management’s forecast, with total revenue
4.58%*
index remains unable to break through, for the calendar year growing almost 12%
the more likely it is that the next move will to $37.17 billion, according to FactSet. Over-
be lower. Evercore strategist Julian Eman- all, “2023 guidance reiteration is likely pru-
uel puts the next support level at roughly dent, we think implied second-half tar-
3800, down 8.1% from Friday’s close of gets...could prove conservative,” writes
4136.25, and then a drop to its bear-market UBS analyst Dennis Geiger.
low of just under 3600. If that’s true, the bottom line should
“There are going to be much better risk/ grow briskly this year. Sales growth will
reward opportunities to add to stocks than aid margin expansion, especially as wage
there are now,” Emanuel says. growth and recent increases in employee-
As the cliché goes: Patience, sometimes, related investments subside throughout the
is a virtue. year, which the company said it expects to
happen. If all goes well, earnings for the
The Case for Starbucks Stock calendar year should grow about 17% to
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Haters of Starbucks coffee are everywhere. $3.59 per share, according to FactSet. That’s
Haters of its stock, though less common, a big reason why some analysts are recom-
were out in force Wednesday, despite an mending investors use the drop to pick up
earnings report that showed everything shares on the cheap.
going the company’s way. It’s a chance to “We view any pullback in the stock as a
buy the stock on the dip. buying opportunity of a best-in-class, high-
There was a lot to like in Starbucks’ quality growth company,” writes Credit
(SBUX) earnings report. Sales grew about Suisse analyst Lauren Silberman, who has a
0.45%
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

14% year over year to $8.72 billion, better $128 price target, about a 23% upside.
than forecasts for $8.41 billion. Driving the
result: The company gained millions of new
Even Starbucks’ valuation, though not
cheap, looks reasonable. The stock trades at
0.35%
Starbucks Rewards members, and both
store traffic and total spend per store visit
about 27 times forward earnings, less than
two times the company’s expected earnings-
0.01%
increased. Even the beginnings of the re- per-share growth rate. That looks reason-
covery in China, still not fully reopened, able, given that the S&P 500’s price/earnings
drove a moderate sales gain in the region. ratio of about 18 times is just under two
IBKR SCHW AMTD ETRAD
Profit margins beat estimates as increases times its expected EPS growth rate.
in the cost of food and wages moderated. We happen to agree. We recommended The best-informed investors choose Interactive Brokers

Vital Signs
Friday’s Week’s Week’s Friday’s Week’s Week’s
Close Change % Chg. Close Change % Chg.
DJ Industrials 33674.38 -423.78 -1.24 Barron’s Future Focus 868.90 -3.03 -0.35
DJ Transportation 14123.13 +101.26 +0.72 Barron’s Next 50 2354.76 +15.55 +0.66
DJ Utilities 962.27 +2.66 +0.28 Barron’s 400 903.58 -13.86 -1.51
DJ 65 Stocks 11212.97 -57.50 -0.51 Last Week Week Earlier
DJ US Market 1006.80 -7.90 -0.78 NYSE Advances 1,110 1,591
NYSE Comp. 15380.87 -165.00 -1.06 Declines 2,042 1,568
NYSE Amer Comp. 4023.65 -175.85 -4.19 Unchanged 54 67 ibkr.com/dont-miss-out
S&P 500 4136.25 -33.23 -0.80 New Highs 187 158
S&P MidCap 2461.10 -29.30 -1.18 New Lows 358 178
S&P SmallCap 1138.97 -9.20 -0.80 Av Daily Vol (mil) 4,232.1 3,789.0
Nasdaq 12235.41 +8.83 +0.07 Dollar (Finex spot index) 101.28 101.66 Member NYSE, FINRA, SIPC. Supporting documentation for any claims and statistical information will be provided upon request.
Value Line (arith.) 8816.42 -106.34 -1.19 T-Bond (CBT nearby futures) 130-31 131-21
Graphic reflects rates paid on uninvested instantly available cash in your brokerage account. Competitor rates and offers subject to
change without notice. Services vary by firm. [*] Rate shown applies to IBKR Pro clients only. Long-settled cash balances held in the
Russell 2000 1759.88 -9.11 -0.51 Crude Oil (NYM light sweet crude) 71.34 76.78
securities segment of accounts with NAV>100k earn the stated interest rate 5/5/2023 and those with NAV<100k earn a proportional
DJ US TSM Float 41193.76 -317.90 -0.77 Inflation KR-CRB (Futures Price Index) 261.60 268.16
rate. Cash held in the commodities segment of an account does not earn interest. For more information, see ibkr.com/interestpaid
Gold (CMX nearby futures) 2017.40 1990.10 05-IB23-1623-HP
30 BARRON’S May 8, 2023

Industry Action
Performance of the Dow Jones U.S. Industrials, ranked by weekly percent change.*

Technology 0.26%
Health Care 0.17
0.00 Utilities
–0.01 Consumer Goods
–0.68 Industrials
–0.82 Consumer Services
–1.65 Basic Materials
–2.34 Telecommunications

ENERGY SECTOR OF
–2.48 Financials
–5.63 Oil & Gas

THE S&P 500 IN ONE ETF the stock in June 2022, and it has now
Source: S&P Dow Jones Indices

SPDR ETF (XLV) is down 0.6% in 2023,


gained over 45%. We think its growth while the Consumer Staples Select Sec-
Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF
story, driven by its rewards program and tor SPDR ETF (XLP) is up 4.1%.
improvements in China, will continue to Emanuel, though, doesn’t recommend
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a shine. That makes the stock look fairly just buying the sectors outright. Instead,
prospectus, which contains this and other information, call 1-866-SECTOR-ETF or visit www.sectorspdrs.com. Read the appealing, and we’d be buying more as he screened for healthcare and staples
prospectus carefully before investing. the stock slips. stocks in the Russell 1000 index that have
All ETFs are subject to risk, including possible loss of principal. Sector ETF products are also subject to sector risks and non-diversification risks, which generally Even if we avoid the coffee. underperformed the median stock in their
results in greater price fluctuations than the overall stock market. Ordinary brokerage commissions apply. sectors for the year even though their
Stocks to Play the Pause
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

The S&P 500 is an index of 500 common stocks that is generally considered representative of the U.S. stock market. You cannot invest directly in an index. earnings per share are expected to grow
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. The market hopes the Federal Reserve’s faster than their sector’s. The stocks that
long-awaited pause will be the one that made the list include Bristol Myers
refreshes. It may, instead, be the one that Squibb (BMY), Johnson & Johnson
depresses—and healthcare and consumer (JNJ), Keurig Dr Pepper (KDP), and
staples stocks should benefit. J.M. Smucker (SJM).
The S&P 500 has already gained about Two stand out. UnitedHealth Group
7% this year, and the overarching driver has (UNH) is down just over 6% this year, even
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

been expectations that the Fed is nearing though analysts expect it to grow EPS at
the end of its interest-rate hikes. Few will just over 12% this year to $24.98. That’s in
argue that the end is near. The rate of infla- contrast to the 3% gain for the median
tion has been falling, economic growth has healthcare stock, and a slight drop in ex-

Your Source of Security


in Uncertain Times…
Finder, already started to weaken, and regional-
bank stocks continue to signal weakness in
the financial system. The idea is that, after a
pected EPS for the Health Care Select Sec-
tor SPDR’s aggregate earnings. To accom-
plish that growth, analysts see United-

Keepers.
few bumps in the near term, the economy Health’s sales increasing just over 12% to
should stabilize and go on its merry way— about $364 billion this year, as the com-
SAMPLE Age 90 13.0% and the stock market will rise with it. pany signs up millions of new Medicare
ANNUITY RATES Age 85 11.5% Perhaps. But there’s another way to read Advantage members and expands its
FOR INDIVIDUALS* the rally—that it has been spurred by inves- Optum segment, which provides health-
Age 80 10.0% Barron’s Advisor Finder matches Barron’s
ambitious readers with your financial expertise. tors front-running the end of the Fed’s care and medicine to its customers, among
RATES VALID THROUGH
MAY 31, 2023 Age 75 8.6% Get found, meet prospective clients, and let tightening who will be motivated to sell other services.
*Pomona Plan annuity rates Age 70 7.8% Barron’s Advisor help grow your business. stocks once the pause becomes a reality. Conagra Brands (CAG), which sells
are not available in all states. “Fed Chair Powell on Wednesday will sig- food under the Bird’s Eye, Hunt’s, and
nal the Pause ‘news’ whose ‘rumor’ mar- Swiss Miss brands, among others, also
Secure Retirement Income for Life
Generous Tax Savings | AAA Bond Ratings kets began to anticipate aggressively at the made the list. The stock has fallen 0.7% this
Endowment over $2.5 Billion March S&P 500 trough,” writes Evercore year, lagging behind the Consumer Staples
ISI strategist Julian Emanuel. “We expect ETF’s 0.2% decline, though analysts expect
Call us to start a conversation a ‘sell the news’ reaction as soon as that Conagra’s earnings to grow 8.5% this year
(800) 761-9899 rumor turns out to be true.” to $2.81, more than double the sector’s
If that’s the case, defensive sectors like growth rate, as it raises prices to boost sales
550 N. College Ave.
Claremont, CA 91711 Join Now healthcare and staples could perform the
best. They’ve been largely left out of this
growth. Gross margin is also expected to
expand to around 27% from 26% last year,
pomonaplan.pomona.edu Barrons.com/AdvisorFinderApply
year’s rally, which has been led by Meta as input costs decline.
FIND A RATE CALCULATOR ON OUR WEBSITE! Platforms (META) and the rest of Big Growing earnings and a lower price?
© 2023 Dow Jones & Company, Inc. All rights reserved. 1E295 Tech. The Health Care Select Sector What’s not to like? B
May 8, 2023 BARRON’S 31

INTERNATIONAL TRADER
Finally, the Sun Is Shining
On the European Banks
BY CRAIG MELLOW billion in assets from the requirement in
2019. The three banks that went under

I
t has been a long time since investors took paper losses on bonds they bought at
were bullish on European bank stocks. lower interest rates, until their sudden
The iShares MSCI Europe Finan- revelation spurred panic.
cials exchange-traded fund (ticker: One of Scholtz’s top picks is Dutch
EUFN) has lost 10% over the past 10 years, champion ING Groep (ING), because
while shares of U.S. peers doubled. Euro- “70% of its earnings are geared to interest
pean banks trade at an average of 0.8 times rates.” He also likes Spanish-based Banco
tangible book value, says Elias Chrysosto- Bilbao Vizcaya Argentaria (BBVA),
mou, an analyst covering the sector for though mostly for its dominant franchise
T. Rowe Price. The U.S. ratio is 1.2. in Mexico. His U.K. favorite is Lloyds
Tables may be turning. As the U.S. Banking Group (LYG.UK) and in Scandi-
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wraps up its third big bank rescue in navia, Sweden’s Svenska Handelsbanken
seven weeks with JPMorgan Chase’s (SHBA.Sweden), for their standout opera-
(JPM) absorption of First Republic Bank, tional efficiency.
the European Union and the United King- Not everyone is so keen. Rising interest
dom have remained relatively undis- rates may give to the banks in the form of
turbed. The continent’s one financial im- wider lending margins. But they can also
plosion, Swiss-based Credit Suisse, had take away by slowing the economy and
been building for years and could safely spreading distress among borrowers. Cur-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

be called idiosyncratic. rent share prices “imply a mild recession”


Markets have noticed. European bank in Europe, Chrysostomou says. That may
shares are nearly back where they were be too optimistic. “I would prefer that
before Silicon Valley Bank collapsed in prices reflect a deeper recession to embed
early March. U.S. financials are down 10%. a margin of comfort,” he says.
More gains are ahead as the European Bank stocks are largely a proxy for
Central Bank and Bank of England end a their underlying economies, argues Man-
decade of near-zero interest rates, allowing ish Singh, chief investment officer at
banks to earn more spread on their core Crossbridge Capital Group. It makes little
lending businesses, says Johann Scholtz, long-term sense to bet on slow-growth
sector equity analyst at Morningstar. “We European economies instead of a more
see a structural increase in profitability. vigorous U.S. “European banks can prob-
We’re quite optimistic on a number of ably outperform over the next three to six
names.” months, but not the next three to five
European banks’ deposits are stickier years,” he says.
than those across the Atlantic, Scholtz Singh does own one industry stock,
says, not least because national barriers BNP Paribas (BNP.France), which has
limit depositors’ options. In the Nether- a “strong franchise” and too-big-to-fail
lands, for instance, three banks control status in its native France. He “might feel
virtually the whole nation’s savings. That comfortable” with U.K.-based HSBC
protects them from the runs that under- (HSBA.UK).
mined SVB, First Republic Bank, and Governments care less about bank prof-
Signature Bank in the U.S. its than systemic stability for depositors
European and U.K. regulators also and the national treasury. It’s likely that
require all banks to regularly mark to Washington will look closely at Europe’s
market their securities holdings. This tighter regulation in the wake of the recent
arcane nuance has become critical, as the debacles. Investors may want to look, too,
U.S. exempted banks with less than $250 for a change. B
32 BARRON’S May 8, 2023

T H E ST RIKING PRIC E
Any debt-ceiling-related stock decline will almost
certainly be temporary. Stocks may even benefit
from a default as investors regain their senses.

Let Everyone Else Panic. Equity Options


CBOE Volatility Index The Equity-Only Put-Call Ratio

Sell Put Options Instead. VIX Close VIX Futures


37
Put-Call Ratio S&P 500 Index
295

240
30

BY STEVEN M. SEARS waves of fear that should hit the market if 185
Congress seems unable to agree on permit-

T
he volatility opera has begun. ting the government to borrow more money. 23
Rather than panicking that Consider using the ProShares S&P 130
the U.S. government may run 500 Dividend Aristocrats exchange-
out of money in early June, do traded fund (ticker: NOBL) as a blue-chip 16 75
something more than watch TV and com- proxy. With the ETF around $92, the July J J A S O N D J F M A M J J A S O N D J F M A M
plain about America’s poisoned politics. $85 put is around 65 cents. Selling the put Daily Values Source: CBOE Source: McMillan Analysis Corp.
Long-term investors could monetize positions investors to buy the ETF at an
these increasingly widespread fears that effective price of $84.35. The ETF has
America might default on its debts for the ranged from $79.09 to $95.70 during the SPX Skew NDX Skew
first time ever by using options to en- past 52 weeks. Implied volatility % Implied volatility %
hance positions in blue-chip stocks. Only use this approach if you can afford 13% 12%
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

The cash-secured put strategy, as it is to warehouse the ETFs, and collect the
12 11
called, enables investors to position to ulti- dividends, for at least three to five years.
mately buy stocks at lower prices while Why the long holding period? All crises 11 10
collecting premiums. It entails depositing ultimately end—even recessions. 10 9
money into a brokerage account, which is The tension in the market is provoca-
then used to securitize the sale of put op- tive. If a major stock seller emerges, the 9 8

tions, which give holders the right to sell Street will likely freak out that someone 8 7
an underlying asset at a set price within a has good information on the Washington
7 6
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

specific period. negotiations, and that, too, could spark a


When equities decline—especially in big decline. 6 5
response to events beyond the market’s But any stock decline will almost cer- J J A S O N D J F M A M J J A S O N D J F M A M
control—investors usually overpay to hedge tainly be a temporary reaction. Stocks may Source: Credit Suisse Equity Derivatives Strategy Source: Credit Suisse Equity Derivatives Strategy

their stocks. Puts increase in value when even benefit from a default as investors Skew indicates whether the options market expects a stock-market advance or decline. It measures the difference between the implied
volatility of puts and calls that are 10% out of the money and expire in three months. Higher readings are bearish.
stock prices decline, which makes them regain their senses and realize U.S. stocks
popular in panics. The fear of a debt default are among the world’s best stores of value.
should make many investors eager to buy This thesis isn’t as outlandish as it Week’s Most Active
protection insensitive to put prices. seems. America’s political scene is argu- Company Symbol Tot Vol Calls Puts Avg Tot Vol IV %ile Ratio

If Congress fails to raise the debt ceiling ably the most acrimonious since the Civil Homestreet HMST 4456 29 4427 124 93 35.9
Nano-X Imaging NNOX 86611 69613 16998 2488 88 34.8
and prompts a debt default, stock prices War era. In comparison, corporate Amer- Icahn Enterprises IEP 228117 99834 128283 8248 100 27.7
will almost certainly collapse. The U.S. gov- ica offers a generally sane counterbalance. Chegg CHGG 180737 91519 89218 7104 83 25.4
ernment is the nation’s largest employer, Consider the gravitas of, say, Warren Ruth’s Hospitality RUTH 10108 5276 4832 516 4 19.6
Prospect Capital PSEC 45685 2642 43043 2536 97 18.0
and a failure to pay employees could spark Buffett or Jamie Dimon, as opposed to many Triplepoint Venture Growth TPVG 7146 832 6314 448 99 16.0
a recession. Democratic and Republican leaders. Who is Host Hotels & Resorts HST 17593 2432 15161 1480 53 11.9
Because there are so many moving parts trusted more to make sound decisions? Zynex ZYXI 9615 991 8624 808 92 11.9
MPLX MPLX 120860 115743 5117 11840 15 10.2
to the debt-ceiling crisis, picking a jumping- Of course, equities are arguably riskier
Victoria’s Secret VSCO 45541 4500 41041 4452 61 10.2
in point is tricky. Investors should use the than U.S. Treasury bonds, which are the Estee Lauder EL 86636 36947 49689 9668 48 9.0
Cboe Volatility Index, or VIX, to time their world’s reserve currency, but equity risk PacWest Bancorp PACW 934855 264793 670062 121356 100 7.7

moves. The so-called fear gauge was re- can be hedged away with options. That VICI Properties VICI 18045 16539 1506 2512 10 7.2
TripAdvisor TRIP 56394 10289 46105 7928 15 7.1
cently around 18. During the past 52 weeks, could create a feedback loop that makes CEMEX CX 19618 19136 482 2792 6 7.0
the VIX has ranged from 15.53 to 35.48. puts even more expensive. B Upwork UPWK 20767 12260 8507 3028 37 6.9
Be prepared to sell puts that expire in First Horizon National FHN 266887 100783 166104 43888 100 6.1
Immunogen IMGN 114533 62472 52061 22112 60 5.2
less than three months at different strike Steven M. Sears is the president and chief oper-
Uber Technologies UBER 1661925 1060237 601688 332424 6 5
prices should VIX spike to various levels, ating officer of Options Solutions, a specialized
such as 25, 30, 35, and so forth. The goal is asset-management firm. Neither he nor the firm This table of the most active options this week, as compared to average weekly activity – not just raw volume. The idea is that the unusually heavy trading in these options might be a predictor of
corporate activity – takeovers, earnings surprises, earnings pre-announcements, biotech FDA hearings or drug trial result announcements, and so forth. Dividend arbitrage has been eliminated. In
to incrementally buy blue-chip stocks at has a position in the options or underlying securi- short, this list attempts to identify where heavy speculation is taking place. These options are likely to be expensive in comparison to their usual pricing levels. Furthermore, many of these
situations may be rumor-driven. Most rumors do not prove to be true, so one should be aware of these increased risks if trading in these names
lower prices, while taking advantage of the ties mentioned in this column. Ratio is the Tot Vol divided by Avg Tot Vol. IV %ile is how expensive the options are on a scale from 0 to 100. Source: McMillan Analysis
May 8, 2023 BARRON’S 33

I N S I DE SC OOP
board without a shareholder vote POWER PLAY
“subsequent to April 20, 2023…and

Deutsche’s
up to and including the date of the
2023 annual meeting.” In March,
Politan, along with the California
State Teachers’ Retirement System,
or Calstrs, filed a complaint against
Bet on an
Cleveland-Cliffs CEO Buys
Masimo in the Delaware Court of
Chancery alleging, among other
things, that Masimo’s employment
contract with CEO Joe Kiani “im-
properly stripped” the board of its
M&A Revival
The Slumping Stock authority, “entrenched” the CEO,
and “impeded stockholders’ exer-
cise of their voting rights.”
BY ROBERT TEITELMAN

A
fter years of losses and
regulatory woes,
BY ED LIN quarter with a 14% gain, but so far in
Increases in Deutsche Bank has cut

S
the second quarter they are down costs, cleaned up, and gone
hares of Cleveland-Cliffs,
the largest flat-rolled steel
producer in North America,
20%. Strong first-quarter earnings,
reported at the end of April, helped to
halt the slide, but shares have essen- Cleveland-Cliffs
Holdings on an M&A hiring spree.
Deutsche (ticker: DB) is return-
ing to an old playbook, most dra-
have slid in recent weeks, tially been treading water since. stock has been Tilly’s (TLYS) matically embodied by its 1990
and Chairman, President, Goncalves paid $1.5 million on slipping since Fund 1 Investments raised its acquisition of the London outpost
and CEO Lourenco Gon- April 27 for 100,000 shares, an aver- early March. CEO position in the apparel retailer to of the old House of Morgan, Mor-
calves bought a large block age price of $14.96 each. He now owns Lourenco Gon- 5,554,466 shares. From April 13 gan Grenfell, which had gotten
of shares. 2.5 million shares in a personal ac- calves bought $1.5 through April 28, Fund 1 purchased mired in the 1980s Guinness share-
Cleveland-Cliffs stock (ticker: count and another three million million of shares of 390,114 Tilly’s shares at prices rang- trading scandal. Now, the bank is
CLF) had started the year strong. In shares in a trust, according to a form the steel firm on ing from $7.10 to $7.76 each. Follow- reloading—26 new managing direc-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

February, the company reported a he filed with the Securities and Ex- the open market. ing the fresh buys, Fund 1 now owns tors and counting—many from
fourth-quarter loss that was less than change Commission. 24.6% of the retailer’s outstanding Credit Suisse, after its own scan-
analysts’ estimates, although sales Cleveland-Cliffs didn’t respond to stock, up from 22.9%. Fund 1 re- dals and absorption by UBS (UBS).
came in light. On March 3, Goncalves a request to make Goncalves avail- mains the largest holder of Tilly’s, It’s an opportunistic, if contrarian,
hailed a preliminary vote by the In- able for comment on his stock pur- and is the managing member of New play. Over the past decade, top
ternational Trade Commission, view- chase. York–based investment manage- banks, from Morgan Stanley (MS)
ing it as progress “to remedy surging Goncalves, who has been heading ment firm Pleasant Lake Part- to UBS, scaled back deal making
imports of dumped and subsidized the company since August 2014, last ners. Tilly’s stock has tumbled 16% and built up wealth management as
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

tin mill products in the U.S. market.” bought Cleveland-Cliffs stock on the so far in 2023. The company beat a stable source of profits. This past
Soon after that preliminary vote, open market in December 2021, when estimates when it reported fiscal week, Morgan Stanley announced
however, Cleveland-Cliffs stock began he paid $988,250 for 50,000 shares, fourth-quarter number in early 3,000 job cuts—not including
to slip. Shares still ended the first an average price of $19.77 each. B March. Tilly’s reports its first quar- wealth advisors.
ter on June 1. Deutsche’s main focus is London,
where it’s buying U.K. corporate
Twin Disc (TWIN) broker Numis (NUM.UK) for over
Gamco Investors (GBL) raised $500 million, in an effort to regain

Activist Holdings abide by customary standstill agree-


ments and vote its 912,408 Natural
Gas Services shares, 7.3% of the out-
its holding in the maker of power-
transmission equipment to
2,089,056 shares. Through a com-
lost corporate-finance market share.
Is there enough M&A to justify the
cost? According to the Institute of
Natural Gas Services standing stock, in support of board bination of buys and sales from International Mergers, Acquisitions
Group (NGS) nominations. March 17 through April 28, Gamco & Alliances, global M&A peaked at
These disclosures are
Mill Road Capital and the maker from 13Ds filed with added a net 56,467 Twin Disc $5.2 trillion dollars in 2021, then fell
of gas-compression equipment en- Masimo (MASI) the Securities and shares at prices ranging from $9.10 to $3.4 trillion in 2022 as rates and
Exchange Commission.
acted a cooperation agreement on Politan Capital disclosed a stake 13Ds are filed within
to $11.51 apiece. Gamco now has a inflation rose. Deals this year skid-
April 28. Per the agreement, Natu- in the monitoring-technology firm of 10 days of an entity’s 15.1% interest in Twin Disc. Gamco ded to their lowest level in a decade.
ral Gas Services appointed two Mill 4,713,518 shares, 9% of the tradable attaining more than remains the company’s second- Deutsche thinks now is the time.
5% in any class of a
Road representatives, including stock. On May 1, Politan notified company’s securities. largest shareholder, behind CEO Talent is available, prices are low.
Managing Director Justin Jacobs, Masimo that it intends to nominate Subsequent changes John Batten, who had an overall The risk is how long it will take for
to its board on April 28. They and two directors for election at the up- in holdings or inten- ownership of 2.7 million shares as deal markets, buffeted by uncer-
tions must be re-
current Natural Gas Services CEO coming 2023 annual shareholders ported in amended of Twin Disc’s latest proxy from tainty, to revive; Deutsche says it
Steven Taylor will also be nomi- meeting. Along with the nominations, filings. This material is September. The shares are having “hoped” for a second-half recovery.
from April 27 through
nated for re-election at the 2023 Politan will also propose to repeal May 3, 2023. Source:
a boffo 2023. Twin Disc stock has The past two M&A cycles peaked in
annual shareholders meeting. As provisions and amendments to corpo- VerityData (verity- gained more than 20% so far this 2007 and 2015 and didn’t hit new
part of the pact, Mill Road will rate bylaws adopted by Masimo’s platform.com) year. highs for six and five years, respec-
tively. Paying talent to sit and wait
can get expensive. B
34 BARRON’S May 8, 2023

CHARTING THE MARKET


A graphic look at selected stock activity
for the week ended May 5, 2023
Edited by Bill Alpert

PacWest Bancorp Western Alliance Bancorp. First Horizon Eli Lilly


PACW (NASD) • $5.76 • -4.39 WAL (NYSE) • $27.16 • -9.96 FHN (NYSE) • $10.94 • -6.61 LLY (NYSE) • $427.81 • 31.95
The Beverly Hills lender and other regional banks After tumbling with its sector, the Phoenix bank Bank stocks received another jolt when TD Lilly’s experimental drug slowed the cognitive
were whipped around in the market, after First caught a Friday upgrade to Overweight from J.P. scrapped its $13 billion deal to buy the Tennessee- decline of Alzheimer’s patients by a third. Three of
Republic’s assets were acquired, but not its stock. Morgan, as did Comerica and Zions Bancorp. based lender, blaming regulatory objections. the 1,182 patients in the trial died from side effects.

Stock Price $ Stock Price $ Stock Price $ Stock Price $


46 101 27 437
37 82 23 400
28 63 19 363
19 44 15 326
10 25 11 289
1 6 7 252

Volume in Millions Volume in Millions Volume in Millions Volume in Millions


404 210 194 28
202 105 97 14
0 0 0 0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A

Icahn Enterprises Shopify Wayfair Uber Technologies


IEP (NASD) • $38.13 • -12.67 SHOP (NYSE) • $62.03 • 13.58 W (NYSE) • $40.19 • 5.36 UBER (NYSE) • $37.75 • 6.70
Short-selling activist Hindenburg Research knocked The e-commerce platform cheered investors with After cost cuts, the online furniture seller reported a Revenue rose 33% in the ride-hailer’s March
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

asset valuations and dividend practices at investor a penny a share profit on a 25% jump in March- March-quarter loss of $1.13 a share, but neared cash quarter, for a loss of eight cents a share. Ignoring
Carl Icahn’s firm. Icahn pointed to his performance. quarter revenue. It will cut 20% of its staff. flow break-even. It sees positive cash flow for June. noncash costs, profit was 38 cents.

Stock Price $ Stock Price $ Stock Price $ Stock Price $


57 117 202 42
51 98 167 37
45 79 132 32
39 60 97 27
33 41 62 22
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

27 22 27 17

Volume in Millions Volume in Millions Volume in Millions Volume in Millions


58 346 68 314
29 173 34 157
0 0 0 0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A

DraftKings Trupanion Estee Lauder Immunogen


DKNG (NASD) • $24.58 • 2.67 TRUP (NASD) • $28.88 • -6.23 EL (NYSE) • $203.54 • -43.18 IMGN (NASD) • $13.17 • 7.78
Revenue jumped 84%, to $770 million, in the sports The medical insurer for pets blamed veterinary While reporting 47 cents a share in March-quarter The biotech’s experimental treatment reduced
betting site’s March quarter, with an 87 cents a cost inflation for its March-quarter loss of 60 cents earnings, the makeup seller warned that a weak deaths among patients with ovarian cancer by
share loss. It raised 2023 revenue guidance 30%. a share, compared with a year-ago 22 cent loss. recovery in China would hurt June-quarter results. 33%. It will seek approval later this year.

Stock Price $ Stock Price $ Stock Price $ Stock Price $


38 102 319 17
32 86 292 14
26 70 265 11
20 54 238 8
14 38 211 5
8 22 184 2

Volume in Millions Volume in Millions Volume in Millions Volume in Millions


172 12 26 176
86 6 13 88
0 0 0 0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A

The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week’s daily price activity in detail. The dotted line on some graphs denotes the stock’s 200-day moving average; lack of a moving average means the shares have traded for less than
that time period. If the close from the current week is lower than a year ago the graph will be presented in red. If the close from the current week is higher than a year ago then the graph will be presented in green.
May 8, 2023 BARRON’S 35

W I N N E R S & LO S E R S
Saturday Inbox: Sign up for the
Market Lab Newsletter every Saturday
at Barrons.com/newsletters

NYSE Biggest % Movers NYSE Most Active NYSE American Most Active Nasdaq Most Active
Winners Volume Percentage Leaders Volume Percentage Leaders Volume Percentage Leaders
Name (Sym) Volume Close Change %Chg. Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change
XinyuanRealEst(XIN) 6992 5.11 +1.68 +49.2 Perfect(PERF) 646 1659.1 4.45 –0.55 RileyExpln(REPX) 542 112.1 41.69 –0.32 NanoXImaging(NNOX) 60755 2269.5 15.23 +9.12
MoneyLion(ML) 321 13.14 +3.84 +41.3 HH&L Acqn(HHLA) 1508 750.9 10.40 +0.02 BiteAcqn(BITE) 53 99.0 10.39 +0.08 IcahnEnterprises(IEP) 57431 2168.8 38.13 –12.66
Lemonade(LMND) 16991 14.64 +3.80 +35.1 Enviva(EVA) 28038 646.5 9.01 –12.49 BarHarborBkshs(BHB) 267 97.1 23.12 –1.68 HennessyCapVI(HCVI) 2019 2070.6 10.15 +0.02
Harsco(HSC) 5614 9.15 +2.28 +33.2 IntegratedRailA(IRRX) 349 640.6 10.59 +0.01 EmpirePetrol(EP) 185 92.4 9.16 –1.69 RuthsHospitality(RUTH) 28310 1302.7 21.38 +5.22
Carvana(CVNA) 125037 8.96 +2.02 +29.1 Chegg(CHGG) 111827 636.3 10.14 –7.84 ImperialOil(IMO) 3667 70.8 46.63 –4.30 AriszAcqnA(ARIZ) 1124 1038.3 10.47 +0.05
GreenBrickPtrs(GRBK) 3039 48.08 +10.81 +29.0 Arconic(ARNC) 45667 628.0 29.05 +4.30 ParkNational(PRK) 412 65.4 105.71 –2.61 PonoCapitalThree(PTHR) 1887 931.4 10.28 0.00
Shopify(SHOP) 168285 62.03 +13.58 +28.0 BeardEnerA(BRD) 1180 547.4 10.41 +0.02 AditEdTechA(ADEX) 44 61.2 10.44 +0.12 Immunogen(IMGN) 174656 907.4 13.17 +7.78
Unisys(UIS) 6660 3.96 +0.75 +23.4 AfterNextA(AFTR) 934 513.4 10.27 –0.01 GranTierraEner(GTE) 2295 60.6 6.23 –1.78 FinnovateAcqnA(FNVT) 1932 839.2 10.47 –0.01
FirstHorizon(FHN) 193433 390.2 10.94 –6.61 BlueRidgeBkshs(BRBS) 219 54.1 7.53 –2.14 OptionCare(OPCH) 47229 675.9 27.98 –4.17
Losers PyrophyteAcqn(PHYT) 2122 381.0 10.55 –0.03 CompX Intl(CIX) 54 49.8 18.90 +0.80 TGVentureAcqn(TGVC) 553 649.1 10.42 +0.02
Name (Sym) Volume Close Change %Chg.
IntegratedWellA(WEL) 612 334.3 10.62 +0.04 IdahoStratRscs(IDR) 105 40.9 5.98 –0.28 GreenVisorI A(GVCI) 1257 636.5 10.61 0.00
Enviva(EVA) 28038 9.01 –12.49 –58.1 EG Acqn A(EGGF) 1342 304.9 10.22 +0.01 EvansBancorp(EVBN) 82 36.2 25.81 –5.04 PowerUpAcqn(PWUP) 4515 599.8 10.53 +0.02
Chegg(CHGG) 111827 10.14 –7.84 –43.6 WestAllianceBcp(WAL) 147792 300.2 27.16 –9.96 MastechDigital(MHH) 289 23.6 9.19 +0.36 PriviaHealth(PRVA) 23437 592.6 29.09 +1.46
CommunityHlthSys(CYH) 18722 3.66 –2.68 –42.3 ST Ener I A(STET) 4001 293.2 10.44 +0.00 Cryo-Cell(CCEL) 59 23.1 4.87 –1.38 Zynex(ZYXI) 8190 575.8 9.37 –2.07
FirstHorizon(FHN) 193433 10.94 –6.61 –37.7 MediaAlpha(MAX) 4229 287.4 5.99 –1.41 LoopMedia(LPTV) 228 15.9 4.55 –0.64 IVERICbio(ISEE) 81795 544.6 38.02 +5.13
NerdyA(NRDY) 6756 2.85 –1.12 –28.2 RigelResourceA(RRAC) 2112 279.0 10.52 +0.03 CheniereEnergy(LNG) 9457 11.0 148.19 –4.81 HudsonAcqnI(HUDA) 302 498.5 10.26 +0.02
MetropolitanBk(MCB) 8022 23.08 –9.01 –28.1 EsteeLauder(EL) 25966 270.7 203.54 –43.18 RadiantLogistics(RLGT) 866 10.6 6.39 –0.21 RothCHAcqnV(ROCL) 1513 488.2 10.39 +0.03
Ranpak(PACK) 4654 2.94 –1.14 –27.9 MetropolitanBk(MCB) 8022 257.0 23.08 –9.01 CoreMoldingTech(CMT) 333 5.2 19.30 +0.55 PacWestBancorp(PACW) 403080 470.0 5.76 –4.39
WestAllianceBcp(WAL) 147792 27.16 –9.96 –26.8 Braskem(BAK) 12407 256.5 9.17 +1.31 TompkinsFin(TMP) 265 2.5 55.02 –3.60 AxonEnterprise(AXON) 21784 460.1 219.91 +9.20
Alteryx(AYX) 21986 225.9 35.97 –5.16 BK Tech(BKTI) 26 0.4 13.60 –0.02 HomeStreet(HMST) 5695 453.4 6.34 –3.42

NYSE American Biggest % Movers By Share Volume By Share Volume By Share Volume
Winners Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg.
Name (Sym) Volume Close Change %Chg. FordMotor(F) 388875 11.99 +0.11 +0.9 DunxinFinl(DXF) 70896 0.26 –0.11 –29.2 Tesla(TSLA) 559371 170.06 +5.75 +3.5
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RegionalHealth(RHE) 566 4.12 +0.97 +30.8 Uber(UBER) 290925 37.75 +6.70 +21.6 B2Gold(BTG) 50508 4.12 +0.18 +4.6 AdvMicroDevices(AMD) 440502 89.84 +0.47 +0.5
ProtalixBio(PLX) 18948 3.27 +0.49 +17.6 BankofAmerica(BAC) 288026 27.71 –1.57 –5.4 Tellurian(TELL) 40003 1.31 –0.11 –7.7 SoFiTech(SOFI) 405571 5.16 –1.07 –17.2
DakotaGold(DC) 1110 3.81 +0.52 +15.8 NIO(NIO) 218418 8.15 +0.28 +3.6 NewGold(NGD) 27746 1.39 +0.11 +8.6 PacWestBancorp(PACW) 403080 5.76 –4.39 –43.3
MaiaBiotech(MAIA) 394 2.84 +0.38 +15.4 Carnival(CCL) 210241 10.01 +0.80 +8.7 Globalstar(GSAT) 27158 1.00 +0.09 +10.2 Apple(AAPL) 360348 173.57 +3.89 +2.3
Cel-Sci(CVM) 940 2.43 +0.32 +15.2 FirstHorizon(FHN) 193433 10.94 –6.61 –37.7 GeniusGroup(GNS) 27156 1.12 +0.28 +33.3 Amazon.com(AMZN) 315199 105.65 +0.20 +0.2
EquinoxGold(EQX) 13052 5.68 +0.70 +14.1 KeyCorp(KEY) 192420 9.83 –1.43 –12.7 UraniumEner(UEC) 23938 2.68 +0.07 +2.7 NVIDIA(NVDA) 203216 286.80 +9.31 +3.4
EllomayCapital(ELLO) 2 15.45 +1.65 +12.0 Snap(SNAP) 183243 8.23 –0.48 –5.5 MultiWays(MWG) 20829 0.93 –1.08 –53.9 Intel(INTC) 196923 30.99 –0.07 –0.2
NewFoundGold(NFGC) 1366 5.05 +0.48 +10.5 WellsFargo(WFC) 168289 37.94 –1.81 –4.6 ProtalixBio(PLX) 18948 3.27 +0.49 +17.6 Lyft(LYFT) 189682 8.63 –1.62 –15.8
Shopify(SHOP) 168285 62.03 +13.58 +28.0 AultAlliance(AULT) 18790 0.09 +0.00 +0.8 Immunogen(IMGN) 174656 13.17 +7.78 +144.3
Losers AT&T(T) 158231 17.13 –0.54 –3.1 Zomedica(ZOM) 15603 0.21 +0.01 +4.3 ParamountB(PARA) 157548 16.86 –6.47 –27.7
Name (Sym) Volume Close Change %Chg.
PalantirTech(PLTR) 156978 7.41 –0.34 –4.4 EquinoxGold(EQX) 13052 5.68 +0.70 +14.1 MetaPlatforms(META) 132778 232.78 –7.54 –3.1
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

MultiWays(MWG) 20829 0.93 –1.08 –53.9 US Bancorp(USB) 148158 30.74 –3.54 –10.3 UniqueFabricating(UFAB) 12798 0.17 +0.01 +3.9 HuntingtonBcshs(HBAN) 132418 9.85 –1.35 –12.1
cbdMD(YCBD) 1176 2.00 –1.28 –39.0 WestAllianceBcp(WAL) 147792 27.16 –9.96 –26.8 Senseonics(SENS) 12518 0.61 +0.02 +3.2 Nikola(NKLA) 131339 0.98 +0.09 +10.5
GranTierraEner(GTE) 2295 6.23 –1.78 –22.3 CreditSuisse(CS) 147261 0.87 –0.03 –2.8 DenisonMines(DNN) 11599 1.06 –0.04 –3.6 Alphabet A(GOOGL) 129498 105.57 –1.77 –1.6
BlueRidgeBkshs(BRBS) 219 7.53 –2.14 –22.1 Pfizer(PFE) 133360 38.49 –0.40 –1.0 RingEnergy(REI) 11194 1.91 +0.10 +5.5 WarnerBrosA(WBD) 120617 12.89 –0.72 –5.3
Cryo-Cell(CCEL) 59 4.87 –1.38 –22.1 SouthwesternEner(SWN) 129646 4.74 –0.45 –8.7 AlmadenMinerals(AAU) 9760 0.13 +0.01 +8.3 Microsoft(MSFT) 120356 310.65 +3.39 +1.1
AmbiparEmergency(AMBI) 130 5.90 –1.31 –18.2 Carvana(CVNA) 125037 8.96 +2.02 +29.1 CheniereEnergy(LNG) 9457 148.19 –4.81 –3.1 AmerAirlines(AAL) 116002 13.87 +0.23 +1.7
EvansBancorp(EVBN) 82 25.81 –5.04 –16.3 ItauUnibanco(ITUB) 120753 5.22 +0.07 +1.4 WestwaterRscs(WWR) 8972 0.99 +0.18 +22.2 OpendoorTech(OPEN) 102186 1.79 +0.41 +29.7
EmpirePetrol(EP) 185 9.16 –1.69 –15.6 NorwegCruise(NCLH) 117504 14.13 +0.78 +5.8 NorthernDynasty(NAK) 8557 0.22 +0.01 +4.6 Alphabet C(GOOG) 98799 106.21 –2.01 –1.9

Nasdaq Biggest % Movers By Dollar Volume By Dollar Volume


Name (Sym) $ Volume Close Change %Chg.
By Dollar Volume
Name (Sym) $ Volume Close Change %Chg.
Name (Sym) $ Volume Close Change %Chg.
Winners CheniereEnergy(LNG) 1402297 148.19 –4.81 –3.1 Tesla(TSLA) 91000750 170.06 +5.75 +3.5
BerkHathwy A(BRK.A) 14497278491840.00–11040.00 –2.2
Name (Sym) Volume Close Change %Chg.
Uber(UBER) 10454257 37.75 +6.70 +21.6 B2Gold(BTG) 204560 4.12 +0.18 +4.6 Apple(AAPL) 59137782 173.57 +3.89 +2.3
Nanobiotix(NBTX) 39645 6.68 +4.54 +212.1 ImperialOil(IMO) 171597 46.63 –4.30 –8.4 NVIDIA(NVDA) 57045424 286.80 +9.31 +3.4
JPMorganChase(JPM) 10443621 136.74 –1.50 –1.1
NanoXImaging(NNOX) 60755 15.23 +9.12 +149.3 EquinoxGold(EQX) 69948 5.68 +0.70 +14.1 AdvMicroDevices(AMD) 37750928 89.84 +0.47 +0.5
EliLilly(LLY) 10398369 427.81 +31.95 +8.1
Immunogen(IMGN) 174656 13.17 +7.78 +144.3 UraniumEner(UEC) 59438 2.68 +0.07 +2.7 Microsoft(MSFT) 36827132 310.65 +3.39 +1.1
ExxonMobil(XOM) 9805008 108.68 –9.66 –8.2
Aptorum(APM) 18707 5.35 +2.82 +111.5 ProtalixBio(PLX) 56734 3.27 +0.49 +17.6 Amazon.com(AMZN) 32564870 105.65 +0.20 +0.2
Shopify(SHOP) 9468964 62.03 +13.58 +28.0
ImmunityBio(IBRX) 42885 5.54 +2.74 +97.9 Tellurian(TELL) 52601 1.31 –0.11 –7.7 MetaPlatforms(META) 31168948 232.78 –7.54 –3.1
BankofAmerica(BAC) 7982381 27.71 –1.57 –5.4
MersanaTherap(MRSN) 28885 7.18 +2.80 +63.9 EnergyFuels(UUUU) 46339 5.96 +0.25 +4.4 Alphabet A(GOOGL) 13399169 105.57 –1.77 –1.6
Alibaba(BABA) 7449393 83.22 –1.47 –1.7
QurateRetailB(QRTEB) 1211 5.90 +2.08 +54.5 ParkNational(PRK) 42541 105.71 –2.61 –2.4 Alphabet C(GOOG) 10481843 106.21 –2.01 –1.9
WellsFargo(WFC) 6439031 37.94 –1.81 –4.6
ElevationOnc(ELEV) 1163 3.95 +1.32 +50.2 NewGold(NGD) 38290 1.39 +0.11 +8.6 Adobe(ADBE) 7580487 348.40 –29.16 –7.7
Chevron(CVX) 5958720 160.21 –8.37 –5.0
Losers Visa(V) 5895352 231.78 –0.95 –0.4 MAG Silver(MAG) 36275 13.34 +0.36 +2.8 Netflix(NFLX) 7244205 322.76 –7.17 –2.2
Name (Sym) Volume Close Change %Chg. EsteeLauder(EL) 5370449 203.54 –43.18 –17.5 CheniereEnerPtrs(CQP) 35989 45.75 +0.14 +0.3 Broadcom(AVGO) 6650415 630.12 +3.62 +0.6
UnitedHealth(UNH) 5355245 494.28 +2.19 +0.4 SilverCrestMetals(SILV) 29699 6.93 +0.39 +6.0 Qualcomm(QCOM) 6270931 108.78 –8.02 –6.9
ZappEV(ZAPP) 1562 4.56 –4.19 –47.9
Pfizer(PFE) 5158626 38.49 –0.40 –1.0 GeniusGroup(GNS) 29335 1.12 +0.28 +33.3 Starbucks(SBUX) 6083980 107.21 –7.08 –6.2
PacWestBancorp(PACW) 403080 5.76 –4.39 –43.3
HomeDepot(HD) 5057470 289.62 –10.92 –3.6 NovaGoldRscs(NG) 28365 5.62 +0.18 +3.3 Intel(INTC) 6021638 30.99 –0.07 –0.2
FARO Tech(FARO) 2760 13.75 –9.60 –41.1
BerkHathwy B(BRK.B) 5037350 323.88 –4.67 –1.4 Globalstar(GSAT) 25060 1.00 +0.09 +10.2 BookingHldgs(BKNG) 5820013 2569.30 –117.01 –4.4
2U(TWOU) 9952 3.50 –2.04 –36.8
SchwabC(SCHW) 5002386 49.24 –3.00 –5.7 MultiWays(MWG) 23938 0.93 –1.08 –53.9 AxonEnterprise(AXON) 4786735 219.91 +9.20 +4.4
HomeStreet(HMST) 5695 6.34 –3.42 –35.0
J&J(JNJ) 4681579 162.68 –1.02 –0.6 RileyExpln(REPX) 22389 41.69 –0.32 –0.8 CoinbaseGlbl(COIN) 4488626 58.24 +4.45 +8.3
NerdWallet(NRDS) 8162 9.02 –4.55 –33.5
Boeing(BA) 4610112 198.34 –8.44 –4.1 IvanhoeElectric(IE) 21308 12.14 +0.23 +1.9 TexasInstruments(TXN) 4328175 165.82 –1.38 –0.8
TerritorialBncp(TBNK) 520 11.30 –5.45 –32.5
AristaNetworks(ANET) 4589523 137.98 –22.18 –13.8 DunxinFinl(DXF) 21215 0.26 –0.11 –29.2 Costco(COST) 4316897 499.06 –4.16 –0.8
FirstInternetBncp(INBK) 894 10.54 –4.17 –28.3

Includes Common shares only. All figures reflect activity for the most-recent five-day trading week. Share volume figures are expressed in thousands. Volume percentage leaders exclude stocks with average daily volume of fewer than 5,000 shares or priced under $5.
Average volume is based on 65 trading days. Volume figures do not reflect extended trading hours. a-Stock has not been in existence or not been traded for 65 consecutive sessions. S-Stock split or stock dividend amounting to 10% or more. X-Ex-dividend
36 BARRON’S May 8, 2023

RE SEARCH REPORTS
For a look back at more analyst
research and reports, go online to
Barrons.com/researchreports

How Analysts Size


Up Companies
Uber Technologies some conservatism, leaving room for Insider Transactions
UBER-NYSE upside; and 6) net cash and improving
Purchases Sales
These reports, Outperform • Price $36.52 on May 3 free cash flow differentiate Chewy $ Val $ Val
excerpted and Company Symbol Insiders Shares (000's) Company Symbol Insiders Shares (000's)
by AB Bernstein from others in digital commerce. American Assets Trust AAT 1 320,000 5,691 Airbnb ABNB 1 350,000 39,747
edited by Barron’s, Kinnate Biopharma KNTE 1 1,405,168 3,674 Merck & Co MRK 3 292,437 33,712
were issued recently Texas Capital Bancshares TCBI 3 56,000 2,842 Apollo Global Management APO 1 511,984 32,421
by investment and We walk away from first-quarter 2023 Vivani Medical
Zions Bancorporation
VANI
ZION
1 2,040,494
3 77,000
2,196
2,047
Visa
Church & Dwight CHD
V 4
6
135,699
323,003
31,467
31,291
research firms. earnings with more conviction on Uber, Diamondback Energy Impinj
Cleveland-Cliffs
PI
CLF
1
5
23,500
125,300
1,998
1,876
Costar
Rounderway Plc
CSGP
LIN
1
2
360,530
59,957
27,678
22,313
The reports are a which remains our top pick in the FANG-Nasdaq Lakeland Financial
Us Bancorp
LKFN
USB
2
1
20,000
30,438
1,026
1,000
Coca-Cola
Pultegroup
KO
PHM
2
3
235,906
228,102
15,145
15,101
sampling of analysts’ group. Fiscal-year 2023 Street numbers Unity Bancorp UNTY 3 40,150 912 Taylor Morrison Home TMHC 1 332,000 13,778
Buy • Price $141.93 on May 1 Fb Financial FBK 2 27,370 802 Graco GGG 4 147,261 11,722
thinking; they should Wolfspeed WOLF 2 16,016 753 Mongodb MDB 2 42,000 9,645
not be considered
should move higher on the back of by UBS Farmers National Banc FMNB 2 55,000 639 Verona Pharma Plc VRNA 1 455,528 9,439
Enphase Energy ENPH 1 3,500 549 Microsoft MSFT 1 30,000 9,183
the views or recom- second-quarter guidance, in our view German American Bancorp GABC 1 18,000 503 M/I Homes MHO 3 127,649 8,534
Simmons First National SFNC 4 30,000 493 Netflix NFLX 1 26,278 8,513
mendations of (ours have). We believe that Uber is a It was a quiet quarter with first- Five Star Bancorp FSBC 8 17,848 368 Ptc PTC 3 66,865 8,393
Central Valley Community Bancorp CVCY 7 23,735 355 West Pharmaceutical Services WST 3 22,244 8,135
Barron’s. Some of good business, and the company con- quarter 2023 cash flow per share and Kkr Real Estate Finance Trust KREF 2 33,000 352 Bruker BRKR 1 100,770 7,858
the reports’ issuers First Financial Bankshares FFIN 3 11,700 336 Procter & Gamble PG 3 49,549 7,725
tinues to prove that out, with market crude oil volumes in line with Street
have provided, or An insider is any officer, director or owner of 10% or more of a class of a company's securities. In most cases, an insider must report any trade to the SEC within two business
hope to provide, share gains and healthy incremental expectations and the fiscal-year 2023 days. The tables highlight companies that filed with the SEC through last Wednesday. The tables do not include pension-plan or employee stock-option activity, trades by
beneficial owners of 10% or more, trades under $2 per share or trades under 100 shares. The "Purchases" column includes only open-market and private purchases; the "Sales"
investment-banking margins. Importantly, the second- guide reiterated, but we see the update column includes only open-market and private sales, and excludes trades preceded by option exercise in the 12 months prior to the reported event. Source: Thomson Reuters

or other services to quarter adjusted Ebitda guidance as positive on the financial outlook.
the companies being shrugged off concerns around rising Key, in our view, is a path for fiscal-
analyzed.
insurance costs and competitive dy- year 2023 capital expenditure to come Insider Transactions Ratio
namics in U.S. rideshare, while also in at the low end of the range and a
40
pointing to better-than-expected trends shift in free cash flow allocation from
in Mobility growth. We believe this is the dividend to buybacks that shows
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

the right time for longer-duration in- Diamondback’s ability to improve its 30

vestors to take a closer look at the ratio of free cash flow to barrels of oil Bearish

name, as well, with GAAP profitability, equivalent and create shareholder 20


Ratio = 12
excess capital return, and possibly S&P value during periods of market volatil-
inclusion on the table, particularly as ity. Additionally, Diamondback re- 10
we look to 2024. Price target: $45. mains on track to show balance sheet Bullish
deleveraging through FCF generation 0
and divestitures, which will continue M J J A S O N D J F M A
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Chewy to support them returning 75% of FCF Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish. The total top 20 sales and buys are
CHWY-NYSE to shareholders. Price target: $177. 351,798,092 and 28,409,501 respectively; Source: Thomson Reuters

Outperform • Price $31.10 on May 10


by Raymond James
Verisk Analytics
We assume coverage on Chewy [the VRSK-Nasdaq MetLife chases. On a cautious note, MetLife
online pet-food retailer] and upgrade Buy • Price $203.97 on May 4 MET-NYSE Holdings should remain a drag on
to Outperform with a $36 price target. by BofA Global Research Overweight • Price $58.71 on May 3 overall returns. Furthermore, a weak
What we like: 1) The drag on active by J.P. Morgan labor market could suppress group
customer growth from the churn of We upgrade Verisk Analytics [a data insurance results. Price target: $80.
“Covid cohorts” is lessening (Sensor analytics and risk assessment firm] to MetLife’s earnings were pressured by
Tower mobile app checks indicate Buy from Underperform. We think poor variable investment income, but
improving trends), and we see a posi- the shares look attractive here due to underlying business fundamentals Molson Coors Beverage
tive inflection in customers in the sec- Verisk’s 1) defensive business model in were healthy. We remain bullish on TAP-NYSE
ond half of 2023; 2) increasing loyalty an uncertain environment; 2) acceler- MetLife, given an upbeat outlook for Neutral • Price $65.08 on May 3
drives higher net sales per active cus- ating sales growth, which drives our business trends. Our Overweight rat- by Wedbush
tomer and we see it as a strong and higher earnings-per-share outlook; ing reflects a positive outlook for busi-
sustainable tailwind; 3) expansion of and 3) a more focused management ness trends, the company’s high capi- In light of strong [first-quarter re-
total addressable market remains a and potential for higher returns fol- tal flexibility, and steady execution. sults] and current market tailwinds,
big focus (healthcare now; interna- lowing recent businesses exits. We Also, valuation is compelling follow- we are raising our price target to $60,
tional soon), which should benefit raise our 2023/24 EPS to $5.53/6.55 ing the stock’s pullback....We forecast which reflects a 13.6 times target mul-
new customer growth and net sales from $5.45/6.41 prior and above the MetLife to report strong margins in tiple on 2024 EPS. While we are cer-
per active customer; 4) 73% of revenue $5.45/6.37 consensus. We lift our price the group insurance division, improv- tainly encouraged by Molson’s strong
(and rising) comes from Autoship/ objective to $243 from $167 on higher ing spreads in retirement and income start to the year, with more potential
subscription programs (high visibility EPS and valuation multiple (37 times solutions, and healthy sales in the tailwinds on the come, most of this
despite macro uncertainty); 5) Ebitda 2024 estimated price/earnings ratio), international business. Also, MetLife looks to be priced into the shares,
guidance for 2023 already embeds given its higher organic sales and has ample capital to supplement or- which have appreciated by over 25%
headwinds from investments and potential for EPS upside. ganic growth with steady share repur- since the beginning of April.
May 8, 2023 BARRON’S 37

Barron's 50-Stock Average 51 Dow Jones Per Share Values 50 Mutual Funds 47 Week In Stocks 50

DATA
Cash Track 47 Exchange Traded Portfolios 46 N.Y. Stock Exchange 37 Weekly Bond Statistics 52
Charting the Market 34 Federal Reserve Data Bank 52 Nasdaq National Market 41 Winners & Losers Stocks 35
Coming Earnings 51 Foreign Exchange 51 New Corporate Listings 53
Conference Call Calendar 52 Gold & Silver Prices 52 New Highs & Lows 53
Delta Tactical Sentiment 51 Gold Mining Index 52 NYSE Half-Hourly Volume 50
Distributions & Offerings 52 Indexes P/Es & Yields 50 Other Market Indexes 49
Dividend Boosts - Reductions 52 Initial Public Offerings 50 Pulse of the Economy 51
Dividend Ex-Payment Dates 52 Investor Sentiment Readings 50 Stock Splits - Special Dividends 52
DJ Averages 49 Key Foreign Market Indexes 45 Stock Volume 50
DJ U.S. Total Market Industry Groups 51 Market Lab 49 Trading Diary 49
Contact Us
Dow Jones Averages 49 Money Rates, U.S. & Foreign 51 Vital Signs 29 For queries, email us at
Statistics from May 1-5, 2023 memberservices@dowjones.com

NEW YORK STOCK EXCHANGE COMPOSITE LIST - NEW HIGHS - NEW LOWS

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
70.63 34.70 Alteryx AYX ... dd 35.97 –5.16 ... 122.50 90.23 Aptargroup ATR 1.2 35 121.70 +3.19 .38 51.71 37.44 Avangrid AGR 4.3 23 41.10 +0.84 .44 79.78 58.81 BlackHills BKH 3.8 17 66.14 +0.85.625
A 13.17 2.63 AlticeUSA ATUS ... 57 2.97 –0.53 ... 124.88 77.96 Aptiv APTV ... 42 93.42 –9.44 ... 31.99 19.32 AvanosMedical AVNS ... 26 23.97 –5.57 ... 72.74 53.15 BlackKnight BKI ... 37 54.06 –0.58 ...
56.86 33.75 AAR AIR ... 21 53.13 +0.35 ... 57.03 40.35 Altria MO 8.1 15 46.69 –0.82 .94 45.72 28.74 Aramark ARMK 1.3 40 34.79 +0.09 .11 33.48 17.91 Avantor AVTR ... 22 20.05 +0.57 ... 10.61 9.88 BlackMountainA BMAC ... cc 10.45 +0.01 ...
36.98 23.97 ABB ABB 2.0 23 35.99 –0.10.7338 14.72 4.08 AltusPower AMPS ... 13 4.38 –0.16 ... 17.52 10.10 ArborRealty ABR 13.4 7 11.75 +0.28 .40 204.37 151.62 AveryDennison AVY 1.9 21 172.08 –2.40 .81 10.50 9.64 BlackSpadeA BSAQ ... 18 10.26 ... ...
17.75 7.24 AmbacFin AMBC ... 1 14.93 –1.02 ... 33.77 19.25 ArcelorMittal MT 1.4 3 27.16 –1.31 .38 52.37 27.65 Avient AVNT 2.6 40 38.49 –0.02.2475 7.20 3.17 BlackBerry BB ... dd 4.69 +0.78 ...
50.47 37.68 ABMIndustries ABM 2.1 15 42.68 +0.10 .22
3.24 2.40 Ambev ABEV 3.8 16 2.89 +0.09.1457 180.10 110.97 ArchResources ARCH .8 2 123.85 +1.602.20 45.29 35.72 Avista AVA 4.1 24 44.52 +0.45 .46 785.65 503.12 BlackRock BLK 3.1 20 644.48 –26.725.00
7.61 4.27 ACCO Brands ACCO 5.9 dd 5.11 +0.53.075
13.61 9.79 Amcor AMCR 4.7 16 10.42 –0.55.1225 5.17 1.62 ArcherAviation ACHR ... dd 2.12 +0.14 ... 32.56 20.66 AxaltaCoating AXTA ... 32 30.35 –1.22 ... 3.73 1.00 BlackSkyTech BKSY ... dd 1.17 –0.07 ...
12.51 7.23 AcresCmclRlty ACR ... dd 8.13 –0.71 ...
97.53 73.28 Ameren AEE 2.8 22 90.47 +1.50 .63 98.28 70.02 ArcherDaniels ADM 2.4 10 75.96 –2.12 .45 51.46 33.15 AxosFinancial AX ... 9 39.87 –0.80 ... 123.18 71.72 Blackstone BX 4.7 35 82.16 –7.17 .82
11.47 1.85 ADC Therap ADCT ... dd 1.96 +0.02 ...
76.54 39.62 Ameresco AMRC ... 29 43.03 +1.43 ... 11.49 6.28 Archrock AROC 6.0 27 9.92 –0.37 .15 13.81 3.82 Azul AZUL ... dd 7.00 +0.49 ... 31.46 16.61 BlackstoneMtg BXMT14.2 12 17.51 –0.73 .62
10.10 4.89 ADT ADT 2.4 cc 5.76 –0.94.035
22.19 16.09 AmericaMovil AMX 1.6 17 21.16 –0.33.4414 31.24 16.33 Arconic ARNC ... dd 29.05 +4.30 ... 16.20 1.62 AzurePowerGlbl AZRE ... ... 2.15 –0.01 ... 4.25 0.53 BlendLabs BLND ... dd .63 +0.04 ...
92.16 60.74 AECOM ACM .8 35 83.70 +0.65 .18
29.89 18.62 AES AES 2.9 dd 22.67 –0.99.1659
34.85 16.04 AmericanAssets AAT 7.0 24 18.91 +0.71 .33 9.04 6.23 ArcosDorados ARCO 2.3 12 8.31 +0.37 .04 48.76 23.65 BlockHR HRB 3.6 11 32.43 –1.48 .29
11.96 6.36 AmericanAxle AXL ... 14 7.41 +0.26 ... 71.00 43.52 Arcosa ACA .3 12 67.20 –0.34 .05 B 98.68 51.34 Block SQ ... dd 59.25 –1.54 ...
74.02 52.07 Aflac AFL 2.5 10 67.59 –2.26 .42
17.09 9.46 AmerEagle AEO 3.0 22 13.27 –0.12 .10 36.13 15.70 ArcusBiosci RCUS ... dd 19.56 +1.71 ... 31.47 11.47 BloomEnergy BE ... dd 17.00 +0.35 ...
145.53 88.55 AGCO AGCO .9 10 127.02 +3.085.00 2.91 1.00 Bark BARK ... dd 1.02 –0.08 ...
48.37 28.05 AmerEquity AEL .9 3 38.75 +0.21 .36 7.12 3.44 ArdaghMetalPkg AMBP10.8 12 3.72 –0.36 .10 8.22 0.47 BlueApron APRN ... dd .50 –0.06 ...
8.39 3.52 AG Mortgage MITT14.6 dd 5.36 –0.19 .18 26.33 10.91 B&G Foods BGS 4.9 dd 15.49 –0.55 .19
182.15 130.65 AmerExpress AXP 1.6 16 152.65 –8.69 .60 19.41 5.91 ArdmoreShipping ASC 13.4 4 13.41 –1.28 .45 14.04 8.06 BlueOwlCapital OWL 5.0 dd 10.30 –0.96 .14
4.28 0.30 a.k.a.Brands AKA ... dd .32 –0.05 ... 55.13 39.88 BCE BCE 5.9 23 48.13 +0.06.7099
150.98 113.43 AmericanFin AFG 2.2 12 115.84 –6.89 .63 10.39 9.78 AresAcqnA AAC ... 62 10.38 +0.03 ... 34.58 16.24 BluegreenVac BVH 3.0 8 26.39 –2.40 .20
16.89 3.77 AMC Ent AMC ... dd 5.89 +0.39 ... 8.60 2.00 BEST BEST ... dd 2.97 –0.01 ...
38.94 28.79 AmHomes4Rent AMH 2.5 49 35.07 +1.81 .22 15.70 7.52 AresCommRealEst ACRE16.4 56 8.05 –0.56 .02 98.50 57.50 BlueLinx BXC ... 4 72.38 +2.32 ...
129.04 81.15 AMN Healthcare AMN ... 10 90.89 +4.54 ... 16.02 9.35 BGSF BGSF 6.0 14 9.96 +0.33 .15
64.88 45.66 AIG AIG 2.4 7 53.79 +0.75 .36 90.28 53.15 AresMgmt ARES 3.8 99 81.95 –5.64 .77 10.51 9.71 BluescapeOppsAcqn BOAC ... 25 10.03 +0.01 ...
2555.30 6.50 AMTD Digital HKD ... ... 6.60 –1.80 ... 71.52 46.92 BHP Group BHP 8.7 8 60.79 +1.751.80
31.59 13.35 AmRltyInv ARL ... 1 18.79 +0.16 ... 43.50 31.26 Argan AGX 2.4 17 40.82 +0.59 .25 221.33 113.02 Boeing BA ... dd 198.34 –8.44 ...
25.80 1.44 AMTD IDEA AMTD ... 2 1.67 –0.07 ... 179.85 68.30 BILL BILL ... dd 94.04 +17.23 ...
100.51 71.22 AmerStWater AWR 1.7 43 90.88 +2.13.3975 44.18 19.00 ArgoGroup ARGO 4.2 dd 29.40 –0.01 .31 85.17 55.14 BoiseCascade BCC .9 3 70.14 +1.833.00
3.87 2.11 ARC Document ARC 6.8 12 2.96 –0.08 .05 23.80 1.40 BitMining BTCM ... dd 2.94 +0.21 ...
94.40 7.00 AmerStratInvt NYC ... dd 8.63 –1.19 ... 23.58 6.69 ArisWater ARIS 5.3 cc 6.85 –0.42 .09 98.00 50.20 BootBarn BOOT ... 13 73.87 +1.40 ...
7.97 4.45 ASE Tech ASX 4.9 9 7.11 +0.25.4794 80.41 51.45 BJ'sWholesale BJ ... 20 74.95 –1.42 ...
282.47 178.17 AmerTowerREIT AMT 3.1 66 196.75 –7.64 1.56 171.44 89.12 AristaNetworks ANET ... 29 137.98 –22.18 ... 112.55 76.60 BoozAllen BAH 2.0 29 93.08 –2.64 .47
115.96 64.16 ASGN ASGN ... 13 66.38 –5.21 ... 41.38 25.37 BP BP 4.0 4 37.13 –3.15.3966
25.99 17.85 AmerVanguard AVD .6 21 18.78 –0.47 .03 3.69 2.53 ArlingtonAsset AAIC ... 27 2.59 –0.02 ... 3.90 0.69 BoqiiHolding BQ ... dd 2.02 +0.44 ...
21.53 14.46 AT&T T 6.5 dd 17.13 –0.54.2775 26.08 5.62 BP Prudhoe BPT 60.6 2 5.76 –1.19.2974
162.59 122.77 AmerWaterWorks AWK 1.9 33 148.43 +0.18.7075 8.11 2.93 ArloTech ARLO ... dd 6.69 +0.25 ... 51.14 31.14 BorgWarner BWA 1.5 11 44.61 –3.52 .17
43.32 20.52 ATI ATI ... 33 36.84 –1.78 ... 12.31 4.79 BRC BRCC ... dd 5.38 +0.17 ...
5.43 1.95 AmericanWell AMWL ... dd 2.07 –0.12 ... 14.62 10.04 ArmadaHoffler AHH 6.1 17 12.36 +0.64 .19 8.13 2.45 BorrDrilling BORR ... dd 7.08 +0.13 ...
2.26 0.22 ATI PhysTherapy ATIP ... dd .25 –0.02 ... 32.99 21.49 AmericoldRealty COLD 2.9 dd 30.60 +1.01 .22 7.98 4.38 ArmourResREIT ARR 18.9 dd 5.09 –0.01 .08 3.42 1.06 BRF BRFS ... dd 1.35 +0.06 ...
422.75 287.00 BostonBeer SAM ... 64 310.31 –7.20 ...
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19.79 12.61 A10Networks ATEN 1.7 23 13.76 –0.38 .06 357.46 219.99 Ameriprise AMP 1.9 15 291.18 –13.94 1.35 94.94 65.47 ArmstrongWorld AWI 1.5 15 67.45 –1.21.254 25.67 16.76 BRT Apartments BRT 5.7 7 17.42 +0.09 .25
10.95 9.96 AxiosSustGrwA AXAC ... dd 10.46 +0.02 ... 65.69 45.78 BWX Tech BWXT 1.4 25 65.23 +0.65 .23 29.40 18.68 BostonOmaha BOC ... 84 20.14 –0.32 ...
174.63 135.14 AmerisourceBrgn ABC 1.2 22 167.99 +1.14.485 134.56 89.38 ArrowElec ARW ... 6 119.64 +5.21 ... 120.23 46.18 BostonProps BXP 7.5 10 51.93 –1.43 .98
0.26 0.04 AxiosSustGrwRt AXAC.RT ... ... .16 –0.10 ... 148.06 106.17 Ametek AME .7 28 145.02 +7.09 .25 40.68 25.67 ArtisanPtrsAsset APAM 7.6 12 32.69 –1.98 .50 8.66 3.89 Babcock&Wilcox BW ... dd 6.04 –0.18 ...
63.99 48.32 AXIS Capital AXS 3.2 21 54.60 –1.94 .44 36.25 4.61 Babylon BBLN ... dd 7.17 –0.79 ... 53.48 34.98 BostonSci BSX ... 88 51.54 –0.58 ...
3.77 1.24 AmnealPharm AMRX ... dd 1.92 –0.01 ... 23.43 9.64 Artivion AORT ... dd 15.19 +1.32 ... 17.45 8.19 Bowlero BOWL ... dd 14.23 –0.40 ...
30.26 15.12 AZEK AZEK ... cc 26.23 –0.91 ... 5.55 2.15 Ampco-Pitt AP ... 24 2.98 –0.04 ... 29.51 11.32 Asana ASAN ... dd 16.25 +0.07 ... 139.87 73.20 BadgerMeter BMI .6 57 139.26 +6.93.225
47.57 30.21 AZZ AZZ 1.9 dd 36.60 –1.13 .17 3.79 1.08 Bakkt BKKT ... dd 1.47 +0.12 ... 34.98 22.31 Box BOX ... cc 26.57 +0.11 ...
82.86 61.67 Amphenol APH 1.1 24 75.71 +0.24 .21 253.67 138.88 AsburyAutomotive ABG ... 5 196.93 +3.47 ... 71.38 46.10 BoydGaming BYD .9 11 70.60 +1.20 .16
21.02 7.65 Aaron's AAN 4.1 dd 12.34 –1.01 .125 10.38 5.49 AmplifyEnergy AMPY ... 1 7.15 +0.24 ... 12.09 2.61 AshfordHosp AHT ... dd 4.46 +1.06 ... 75.59 46.00 Ball BALL 1.4 41 58.60 +5.42 .20
118.23 93.25 AbbottLabs ABT 1.8 34 111.26 +0.79 .51 29.30 15.09 Bally's BALY ... dd 15.82 –1.38 ... 56.35 40.52 Brady BRC 1.8 16 50.89 –0.14 .23
26.01 4.15 AmpriusTech AMPX ... dd 8.76 –0.62 ... 114.36 87.84 Ashland ASH 1.5 dd 91.02 –10.59 .335 6.64 3.41 BraemarHtls BHR 5.0 dd 3.97 +0.17 .05
168.11 134.09 AbbVie ABBV 4.0 35 148.03 –3.091.48 16.72 10.26 Amrep AXR ... 3 13.94 +0.04 ... 21.93 5.41 AspenAerogels ASPN ... dd 7.43 +1.17 ... 19.26 9.72 BancCalifornia BANC 3.8 7 10.55 –0.80 .10
34.96 14.02 Abercrombie&Fitch ANF ... cc 22.72 –0.82 ... 5.29 2.03 BancoBBVA BBAR .0 3 4.14 –0.14.0162 11.55 3.42 BrandywineRealty BDN 19.7 16 3.86 –0.07 .19
10.58 9.91 AndrettiAcqnA WNNR ... cc 10.55 +0.02 ... 33.00 16.88 AssetMarkFin AMK ... 20 27.14 –3.54 ... 7.03 4.11 BrasilAgro LND 20.4 17 4.76 –0.01.6018
20.72 12.28 AcadiaRealty AKR 5.3 dd 13.47 –0.04 .18 16.14 4.43 AngelOakMtgREIT AOMR16.1 dd 7.96 +0.23 .32 25.50 14.65 AssociatedBanc ASB 5.3 6 15.78 –2.05 .21 7.93 3.93 BancoBilbaoViz BBVA 5.3 6 6.97 –0.37.3333
12.18 7.26 AccelEnt ACEL ... 11 9.25 +0.40 ... 3.55 2.12 BancoBradesco BBDO 5.2 7 2.55 +0.06.0034 19.64 6.26 Braskem BAK ... dd 9.17 +1.31 ...
30.27 11.94 AngloGoldAsh AU 1.6 40 28.34 +1.76 .177 44.50 31.01 AssocCapital AC .5 dd 36.75 –0.58 .10 55.87 23.19 BreadFinancial BFH 3.4 3 24.94 –2.66 .21
322.88 242.80 Accenture ACN 1.7 24 265.65 –14.64 1.12 67.09 44.51 AB InBev BUD .9 22 64.83 –0.14.8245 190.72 104.49 Assurant AIZ 2.1 29 130.94 +7.81 .70 22.56 15.64 BancodeChile BCH 7.4 7 21.96 +0.762.1466
10.31 9.63 AcropolisInfrA ACRO ... cc 10.15 +0.01 ... 3.94 2.50 BancoItauChile ITCL 4.8 5 3.49 +0.07.1646 19.62 8.43 BridgeInvt BRDG 7.9 9 8.56 –1.43 .17
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

27.96 15.11 AnnalyCap NLY 13.6 dd 19.07 –0.91 .65 67.13 45.21 AssuredGuaranty AGO 2.1 27 52.69 –1.18 .28 2.38 0.13 BrightHealth BHG ... dd .15 –0.01 ...
202.90 142.71 AcuityBrands AYI .3 14 157.98 +0.60 .13 23.91 8.39 AnnovisBio ANVS ... dd 14.34 –0.23 ... 25.20 1.00 Atento ATTO ... dd 1.09 –0.71 ... 19.49 12.58 Bladex BLX 5.5 7 18.02 +0.02 .25
54.11 37.46 Acushnet GOLF 1.5 18 53.25 +3.12 .195 23.15 9.72 BancoMacro BMA 3.9 4 17.80 +0.11.0729 94.87 54.19 BrightHorizons BFAM ... 77 90.77 +14.65 ...
11.61 8.56 AnteroMidstream AM 8.6 15 10.45 –0.31.225 10.31 9.76 AthenaTechII A ATEK ... cc 10.31 +0.01 ... 4.48 1.95 BrightScholar BEDU ... ... 1.99 –0.22 ...
11.50 6.95 Adecoagro AGRO 3.7 9 8.52 +0.06.1626 48.80 20.06 AnteroResources AR ... 3 21.10 –1.89 ... 154.86 70.50 Atkore ATKR ... 6 125.49 –0.84 ... 7.21 4.76 BancSanBrasil BSBR 4.6 ... 5.66 +0.25.0816
47.50 27.15 Adient ADNT ... cc 34.76 –2.18 ... 20.37 13.37 BcoSantChile BSAC 4.9 9 19.54 +0.391.2511 26.88 14.73 BrightSphere BSIG .2 10 22.59 +0.01 .01
13.03 4.33 AnywhereRealEst HOUS ... dd 5.15 –1.22 ... 41.04 23.34 AtlUnionBkshs AUB 4.7 9 25.41 –3.21 .30 9.45 5.21 BrightSpire BRSP14.9 57 5.36 –0.34 .20
44.40 29.61 AdtalemGlbEduc ATGE ... 23 41.65 +1.08 ... 334.76 246.21 Aon AON .7 26 328.40 +3.22 .615 18.95 15.06 AtlasEnergySolns AESI ... ... 17.00 –1.04 ... 4.09 2.26 BancoSantander SAN 2.4 6 3.45 –0.02.0631
217.35 109.05 AdvanceAuto AAP 4.8 15 123.77 –1.76 1.50 45.98 21.55 BanColombia CIB 4.4 7 24.99 +0.49.7332 13.73 5.16 BrightView BV ... 77 6.54 +1.01 ...
46.38 32.51 AptIncmREIT AIRC 5.0 11 36.03 –0.95 .45 121.92 97.71 AtmosEnergy ATO 2.5 20 117.56 +3.42 .74 42.12 21.47 BrinkerIntl EAT ... 19 38.05 –1.87 ...
153.36 75.02 AdvDrainageSys WMS .6 16 87.12 +1.40 .12 9.79 5.22 ApartmtInv AIV 20.5 17 7.99 +0.16 .02 3.55 1.52 ATRenew RERE ... dd 2.20 ... ... 38.60 26.32 BankofAmerica BAC 3.2 8 27.71 –1.57 .22
48.96 30.69 AdvanSix ASIX 1.6 6 37.24 –0.44 .145 38.31 22.93 BankofButterfield NTB 7.3 5 24.17 –1.56 .44 70.05 48.38 Brink's BCO 1.3 18 63.29 +0.44 .20
24.49 13.09 APi Group APG ... 99 22.49 –0.27 ... 2.44 0.09 Audacy AUD ... dd .11 –0.01 ... 81.44 65.28 BristolMyers BMY 3.3 20 68.14 +1.37 .57
5.69 3.76 Aegon AEG 4.6 dd 4.40 –0.13.1288 13.10 7.91 ApolloComRlEst ARI 14.7 5 9.52 –0.60 .35 40.89 23.66 Autohome ATHM 1.9 14 29.67 +0.02 .53 85.45 34.71 BankofHawaii BOH 6.4 8 43.71 –4.72 .70
5.90 1.85 Aenza AENZ ... dd 2.25 ... ... 110.67 81.57 BankofMontreal BMO 3.9 7 87.97 –2.221.0697 0.17 0.09 BristolMyersRt CELG.RT ... ... .11 ... ...
74.63 45.62 ApolloGlbMgmt APO 2.6 dd 60.53 –2.86 .40 98.00 65.74 Autoliv ALV 3.1 18 85.58 –0.23 .66 32.74 20.08 Bristow VTOL ... 72 22.77 +0.40 ...
66.85 37.20 AerCap AER ... 8 55.47 –0.89 ... 10.40 9.76 ApolloStratII A APGB ... 34 10.20 –0.08 ... 158.30 94.92 AutoNation AN ... 5 133.22 +1.52 ... 52.26 36.22 BankNY Mellon BK 3.6 13 41.17 –1.42 .37
56.80 36.44 AerojetRocket AJRD ... 63 56.31 –0.10 ... 68.59 45.26 BankNovaScotia BNS 6.1 9 50.03 +0.12.7602 45.28 34.44 BritishAmTob BTI 7.8 10 35.60 –1.45.7006
18.22 13.66 AppleHospREIT APLE 6.2 22 15.49 +0.60 .08 2722.60 1703.32 AutoZone AZO ... 22 2691.58 +28.27 ... 24.65 17.62 BrixmorProp BRX 4.9 17 21.36 +0.03 .26
4.64 0.89 AevaTech AEVA ... dd 1.08 +0.09 ... 149.42 88.09 AppliedIndlTechs AIT 1.1 15 129.67 –5.99 .35 220.42 153.07 Avalonbay AVB 3.7 25 179.75 –0.62 1.65 42.17 16.53 BankUnited BKU 5.9 5 18.19 –4.36 .27
180.63 108.12 AffiliatedMgrs AMG .0 5 141.59 –2.79 .01 10.95 9.89 BanyanAcqnA BYN ... 21 10.31 ... ... 8.02 3.52 BroadmarkRealty BRMK 8.7 dd 4.85 –0.06.035
10.40 9.76 AfricanGoldA AGAC ... ... 10.36 –0.04 ... 9.44 5.89 Barclays BCS 4.4 ... 7.82 –0.25.104 183.33 131.35 BroadridgeFinl BR 1.9 33 152.87 +7.46.725
10.60 9.63 AfterNextA AFTR ... 40 10.27 –0.01 ... 10.55 6.96 BaringsBDC BBDC13.4 67 7.25 –0.37 .25 22.72 14.98 Broadstone BNL 6.7 21 16.33 +0.16 .28
160.26 112.52 AgilentTechs A .7 30 133.30 –2.13.225 3.32 1.38 Barnes&NobleEduc BNED ... dd 1.50 –0.06 ... 6.29 2.27 BrookdaleSrLiving BKD ... dd 3.94 –0.35 ...

Five-Day Dow Composite


22.53 14.15 Agiliti AGTI ... 76 16.44 –0.28 ... 47.36 27.93 BarnesGroup B 1.5 cc 41.46 –0.57 .16 36.50 26.76 BrookfieldAsset BAM 4.0 7 32.35 –1.20 .32
29.44 14.82 agilon health AGL ... dd 24.51 +0.24 ... 22.63 13.01 BarrickGold GOLD 3.2 cc 20.20 +1.16 .10 29.65 16.81 BrookfieldBus BBUC 1.4 2 18.23 –0.23.0625
61.15 36.69 AgnicoEagleMines AEM 2.7 12 59.81 +3.08 .40 54.06 25.75 Bath&BodyWks BBWI 2.4 10 33.71 –1.39 .20 43.71 28.25 Brookfield BN .9 27 31.37 –1.09 .07
80.44 63.34 AgreeRealty ADC 4.3 37 68.16 +0.17.243 11.00 9.87 BatteryFutureA BFAC ... 21 10.49 –0.02 ... 51.14 37.55 BrookfieldInfr BIPC 3.5 4 43.33 +0.73.3825
46.20 29.75 AirLease AL 2.1 9 37.84 –2.38 .20 Too Much: The Dow fell 1.2%, its second decline in three weeks, amid 20.20 12.20 Bausch+Lomb BLCO ... dd 17.50 +0.04 ... 43.62 30.03 BrookfieldInfr BIP 4.3 63 35.54 +0.71.3825
328.56 218.88 AirProducts APD 2.4 29 296.70 +2.34 1.75 16.73 4.00 BauschHealth BHC ... dd 5.83 –1.54 ... 43.73 28.30 BrookfieldReinsur BNRE .0 ... 31.64 –0.86 .07
186.37 108.35 AlamoGroup ALG .5 21 179.29 +2.56 .22
continued bank turmoil and a Federal Reserve rate hike. Apple gained 77.08 37.35 BaxterIntl BAX 2.5 dd 46.05 –1.63 .29 42.97 27.19 BrookfieldRenew BEPC 3.8 8 35.08 +1.67.3375
68.43 52.82 Brown&Brown BRO .7 27 65.31 +0.92 .115
14.12 6.35 AlamosGold AGI .7 58 13.81 +0.88.025 2.3% after reporting earnings, while Walgreens dropped 8.7%. 7.24 3.03 BaytexEnergy BTE ... 3 3.56 –0.21 ...
76.60 56.97 Brown-Forman A BF.A 1.3 43 65.58 –0.30.2055
53.96 37.20 AlaskaAir ALK ... 94 43.16 –0.30 ... 2.33 0.42 Beachbody BODY ... dd .45 –0.02 ...
115.39 75.24 AlbanyIntl AIN 1.1 30 91.97 +0.76 .25 10.50 9.88 BeardEnerA BRD ... cc 10.41 +0.02 ... 78.15 60.23 Brown-Forman B BF.B 1.3 43 64.67 –0.42.2055
334.55 171.82 Albemarle ALB .9 6 179.70 –5.76 .40 Monday Tuesday Wednesday Thursday Friday 21.57 9.47 BeazerHomes BZH ... 3 20.49 –0.82 ... 93.15 61.89 Brunswick BC 1.9 10 82.67 –2.12 .40
31.29 19.14 Albertsons ACI 2.3 10 20.81 –0.09 .12 269.06 215.90 BectonDicknsn BDX 1.4 47 253.66 –10.65 .91 50.35 26.50 Buckle BKE 4.1 7 33.75 +0.22 .35
67.52 33.55 Alcoa AA 1.1 dd 36.15 –0.99 .10
34,300 92.33 47.89 Belden BDC .2 12 80.92 +2.03 .05 9.45 5.09 Buenaventura BVN 1.2 25 7.23 +0.16.073
78.56 55.21 Alcon ALC ... cc 73.69 +1.21 ... 37.55 20.20 BellRing BRBR ... 41 36.56 +0.57 ... 26.87 12.47 Build-A-Bear BBW .0 7 22.04 –1.16 1.50
21.72 15.80 Alexander&Baldwin ALEX 4.7 dd 18.92 –0.31 .22 30.00 20.78 BenchmarkElec BHE 3.1 11 21.25 –0.10 .165 111.73 48.91 BuildersFirst BLDR ... 7 111.25 +16.48 ...
(Previous Friday Close) 118.99 80.41 Bunge BG 2.8 9 90.55 –3.05.625
260.65 171.50 Alexander's ALX 10.4 16 173.12 –12.954.50 33,930 4.10 0.90 BensonHill BHIL ... dd 1.20 +0.14 ...
13.59 6.09 BurfordCapital BUR 1.9 ... 13.42 +0.10.0625
178.96 114.95 AlexandriaRlEst ARE 3.9 27 123.64 –0.54 1.21 76.99 56.05 Berkley WRB .7 15 58.65 –0.27 .10
125.84 58.01 Alibaba BABA ... 49 83.22 –1.47 ... 506000 393012 BerkHathwy A BRK.A ... dd 491840 –11040 ... 239.94 106.47 BurlingtonStrs BURL ... 52 183.86 –8.95 ...
10.19 6.31 Alight ALIT ... dd 8.82 –0.43 ... 331.84 259.85 BerkHathwy B BRK.B ... dd 323.88 –4.67 ... 8.72 1.63 ButterflyNtwk BFLY ... dd 2.15 –0.01 ...
123.46 87.33 Allegion ALLE 1.7 20 108.09 –2.39 .45 33,560 31.63 18.07 BerkshireHills BHLB 3.6 9 19.99 –1.28 .18 26.00 16.40 BylineBancorp BY 2.0 8 18.38 –0.97 .09
12.45 1.85 Allego ALLG ... ... 2.05 +0.13 ... 66.21 44.52 BerryGlobal BERY 1.7 10 57.66 –0.15 .25 C
67.45 47.77 Allete ALE 4.3 20 62.59 +0.21.6775 93.60 60.79 BestBuy BBY 5.0 12 73.57 –0.95 .92
45.75 31.31 AllianceBernstein AB 8.0 14 33.79 –1.17 .66 33,190 34.69 8.14 BigLots BIG 13.4 dd 8.97 –0.02 .30 319.33 245.32 CACI Intl CACI ... 19 305.69 –7.63 ...
50.64 32.63 AllisonTransm ALSN 1.9 8 47.24 –1.55 .23 10.52 0.58 BigBear.ai BBAI ... dd 2.74 –0.16 ... 4.43 2.54 CBD Pao CBD 1.9 3 3.03 ....0713
142.15 103.20 Allstate ALL 3.1 dd 115.73 –0.03 .89 929.00 540.33 BiglariA BH.A ... dd 929.00 +64.45 ... 53.47 37.01 CBIZ CBZ ... 21 50.04 –2.65 ...
44.33 21.59 AllyFinancial ALLY 4.7 6 25.32 –1.06 .30 -46.46 -367.17 -270.29 -286.50 +546.64 192.46 113.76 BiglariB BH ... dd 191.05 +17.85 ... 32.38 21.66 CBL&Assoc CBL 6.5 dd 23.07 –0.06 .375
186.98 103.90 AlphaMetal AMR 1.2 2 147.12 +0.56 .44 32,820 20.57 5.54 Biohaven BHVN ... ... 14.24 +1.16 ... 89.58 66.31 CBRE Group CBRE ... 21 74.55 –2.11 ...
20.79 15.41 AlpineIncmProp PINE 6.9 7 15.85 –0.23.275 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 572.70 344.63 Bio-RadLab A BIO ... dd 385.24 –65.55 ... 10.66 9.79 CCNeubergerIII A PRPC ... 17 10.39 +0.06 ...
20.60 8.65 AltaEquipment ALTG 1.7 68 13.37 –0.77.057 555.00 355.36 Bio-RadLab B BIO.B ... dd 467.95 +3.85 ... 119.60 67.95 CF Industries CF 2.3 5 69.64 –1.94 .40
10.43 9.65 AltC Acqn ALCC ... cc 10.29 +0.01 ... 1.62 0.11 BirdGlobal BRDS ... dd .13 –0.01 ... 10.70 9.91 C5AcqnA CXAC ... cc 10.53 –0.02 ...
38 BARRON’S May 8, 2023

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
103.25 72.23 CGI GIB ... 21 100.44 –0.97 ... 15.11 7.47 Clarivate CLVT ... dd 7.65 –1.21 ... 5.92 1.57 DanimerScientific DNMR ... dd 3.28 +0.12 ... 99.65 72.41 EmersonElec EMR 2.5 25 84.40 +1.14 .52 5.89 1.88 FivePoint FPH ... dd 2.33 –0.12 ...
17.28 3.62 CI&T CINT ... 20 3.71 –0.23 ... 21.09 10.51 ClarosMtg CMTG13.0 13 11.37 –0.59 .37 77.18 36.03 DaqoNewEnergy DQ ... 2 44.73 –1.19 ... 8.73 5.39 EmpireStateRealty ESRT 2.4 18 5.79 –0.32.035 51.00 26.16 FiverrIntl FVRR ... dd 26.76 –9.76 ...
71.97 52.41 CMS Energy CMS 3.1 27 61.98 –0.28.4875 147.76 81.56 CleanHarbors CLH ... 17 135.70 –9.46 ... 155.90 110.96 Darden DRI 3.2 20 153.09 +1.16 1.21 46.73 32.58 EmployersHldgs EIG 2.9 14 38.81 –0.78 .28 10.47 9.75 FlameAcqnA FLME ... dd 10.15 –0.03 ...
46.52 35.90 CNA Fin CNA 4.2 12 39.93 +1.02 .42 2.50 0.91 ClearChannelOutdr CCO ... dd 1.30 +0.03 ... 87.59 51.77 DarlingIngred DAR ... 13 57.69 –1.88 ... 10.51 3.88 EmpresaDisCom EDN ... dd 8.99 +0.16 ... 251.61 161.69 FleetCorTech FLT ... 18 231.19 +17.27 ...
17.98 10.60 CNH Indl CNHI 2.8 9 14.20 +0.10.3823 35.00 18.94 ClearSecure YOU .0 dd 25.03 +0.84 .25 106.71 65.28 DaVita DVA ... 16 88.47 –1.89 ... 47.67 35.02 Enbridge ENB 6.5 39 39.91 +0.15.6512 38.24 23.25 FlexLNG FLNG 9.3 9 32.19 –2.22 .25
26.35 16.56 CNO Financial CNO 2.6 9 21.36 –1.08 .14 20.00 11.23 ClearwaterAnalytic CWAN ... dd 14.36 –1.05 ... 492.44 212.93 DeckersOutdoor DECK ... 26 485.24 +5.90 ... 66.44 42.16 EncompassHealth EHC 1.0 23 62.46 –1.69 .15 102.61 59.91 Floor&Decor FND ... 33 92.44 –6.90 ...
24.21 14.36 CNX Resources CNX ... 2 15.21 –0.32 ... 46.48 29.92 ClearwaterPaper CLW ... 10 32.13 –3.97 ... 448.40 283.81 Deere DE 1.3 14 381.09 +3.07 1.25 115.86 51.51 Endava DAVA ... 26 52.14 –5.43 ... 1.54 0.57 FlotekIndustries FTK ... dd .63 –0.03 ...
79.17 40.20 CONSOL Energy CEIX 6.9 3 62.51 +3.17 1.10 38.65 27.40 ClearwayEnergyA CWEN.A 4.4 6 29.18 +0.20.3818 64.47 42.60 DelekLogistics DKL 9.2 12 44.16 –2.871.025 26.26 17.42 Endeavor EDR ... dd 25.10 –0.68 ... 30.16 24.15 FlowersFoods FLO 3.1 27 28.44 +0.93 .22
52.20 31.22 CRH CRH 2.5 10 49.50 +1.00 1.03 41.79 28.76 ClearwayEnergyC CWEN 4.8 6 30.33 –0.04.3818 35.45 19.39 DelekUS DK 4.2 6 20.83 –0.92 .23 4.55 2.47 EndeavourSilver EXK ... cc 4.21 +0.31 ... 38.86 23.89 Flowserve FLS 2.3 20 35.37 +1.98 .20
29.99 5.27 CS Disco LAW ... dd 5.67 –0.21 ... 25.07 11.83 Cleveland-Cliffs CLF ... 17 14.93 –0.45 ... 52.60 32.90 DellTechC DELL ... 14 45.39 +1.90 ... 2.96 0.98 EnelChile ENIC .9 3 2.92 +0.11.0184 38.20 21.68 Fluor FLR ... 41 27.21 –1.85 ...
23.07 15.98 CTO Realty CTO 9.3 dd 16.35 –0.49 .38 9.43 5.09 ClipperRealty CLPR 6.8 dd 5.57 +0.32.095 42.45 27.20 DeltaAir DAL ... 11 33.94 –0.37 ... 7.64 3.86 Enerflex EFXT 1.2 dd 6.23 +0.16.0183 98.98 58.73 FomentoEconMex FMX 1.4 10 98.03 +1.011.0138
49.59 31.90 CTS CTS .4 23 41.41 +2.20 .04 3.96 1.13 CloopenGroup RAAS ... ... 1.30 +0.17 ... 27.62 13.61 Deluxe DLX 8.3 11 14.41 –0.74 .30 37.89 24.81 Energizer ENR 3.7 dd 32.74 –0.69 .30 47.22 23.85 FootLocker FL 3.9 12 41.08 –0.91 .40
34.68 10.16 C3.ai AI ... dd 18.70 +0.88 ... 178.21 120.50 Clorox CLX 2.8 cc 169.60 +3.98 1.18 104.05 56.59 Denbury DEN ... 8 88.96 –4.42 ... 13.67 9.15 EnergyTransfer ET 10.0 9 12.36 –0.52.3075 16.68 10.61 FordMotor F 5.0 17 11.99 +0.11 .65
9.36 1.35 Curo CURO27.0 dd 1.63 +0.03 .11 80.99 37.37 Cloudflare NET ... dd 44.07 –2.98 ... 19.38 7.36 DesignerBrands DBI 2.6 3 7.83 –0.36 .05 16.40 1.35 EnergyVault NRGV ... dd 1.80 +0.11 ... 10.67 9.75 ForestRoadII A FRXB ... 46 10.10 +0.11 ...
43.61 23.22 CVR Energy CVI 8.4 4 23.94 –2.40 .50 3.37 1.25 CN Finance CNF ... 9 2.58 –0.06 ... 4.16 1.13 DesktopMetal DM ... dd 1.75 –0.45 ... 28.57 16.09 EnerpacTool EPAC .2 55 23.69 –0.07 .04 20.12 10.28 Forestar FOR ... 7 19.59 +0.25 ...
153.50 80.30 CVR Partners UAN 24.1 4 101.95 +12.2410.43 66.38 54.02 Coca-Cola KO 2.9 28 64.02 –0.13 .46 10.08 4.44 Despegar.com DESP ... dd 5.61 +0.35 ... 19.23 11.00 Enerplus ERF 1.4 4 14.61 –0.35.0543 32.58 1.21 ForgeGlobal FRGE ... dd 1.39 +0.05 ...
107.26 68.10 CVS Health CVS 3.4 23 70.68 –2.63.605 89.04 51.96 Coca-Cola Femsa KOF 3.0 18 88.48 +4.061.3398 13.57 7.25 DeutscheBank DB 2.0 4 10.67 –0.34.1559 94.32 55.60 EnerSys ENS .8 25 84.39 +1.42 .175 25.00 12.80 ForgeRock FORG ... dd 19.61 –0.42 ...
1464.20 609.85 CableOne CABO 1.6 37 697.19 –61.222.85 4.55 2.54 CoeurMining CDE ... dd 3.55 +0.15 ... 79.40 44.03 DevonEnergy DVN 10.0 6 50.36 –3.07 .69 11.20 4.81 Eneti NETI .5 4 8.09 –0.48 .01 50.89 34.76 Fortis FTS 3.7 20 45.45 +1.54.4211
83.74 59.65 Cabot CBT 2.1 12 71.32 –0.44 .37 78.87 52.34 Cohen&Steers CNS 4.1 17 55.11 –4.95 .57 194.04 160.09 Diageo DEO 1.9 25 187.76 +2.262.0977 16.76 7.80 Enfusion ENFN ... dd 8.65 +0.27 ... 69.78 52.47 Fortive FTV .4 30 64.72 +1.63 .07
58.30 34.70 Cactus WHD 1.1 22 38.72 –1.76 .11 66.85 29.90 Coherent COHR ... dd 31.83 –2.31 ... 13.30 5.17 DiamondOffshore DO ... dd 11.51 +0.02 ... 22.65 15.01 EngageSmart ESMT ... cc 16.00 –1.17 ... 4.20 2.05 FortunaSilver FSM ... dd 3.93 +0.20 ...
29.41 16.95 CadenceBank CADE 4.9 10 19.11 –1.11.235 83.81 67.84 ColgatePalm CL 2.4 42 80.59 +0.79 .48 11.02 7.14 Diamondrock DRH 1.4 18 8.48 +0.37 .03 25.25 11.65 Enhabit EHAB ... 2 13.24 +0.99 ... 67.71 45.25 FortuneBrands FBIN 1.4 14 63.85 –0.84 .23
31.50 16.58 Cadre CDRE 1.5 cc 20.96 –0.10 .08 10.22 9.63 ColombierAcqnA CLBR ... 38 10.16 +0.02 ... 6.17 3.16 DianaShipping DSX 22.7 3 3.75 –0.21 .15 23.48 16.55 Ennis EBF 5.1 11 19.45 +0.02 .25 33.84 16.78 ForumEnergyTech FET ... dd 21.69 –0.47 ...
27.91 15.23 CAE CAE ... 52 22.09 –0.43 ... 87.02 28.40 Comerica CMA 7.8 4 36.44 –6.93 .71 152.61 63.45 Dick's DKS 2.8 13 141.60 –3.411.00 55.54 25.80 EnovaIntl ENVA ... 7 43.31 –0.61 ... 29.44 22.67 FourCornersProp FCPT 5.2 22 26.15 +0.64 .34
31.13 19.35 Caleres CAL 1.2 5 22.96 +0.16 .07 154.15 74.14 ComfortSystems FIX .5 25 151.87 +2.38 .20 5.27 0.36 DieboldNixdorf DBD ... dd .42 –0.39 ... 68.15 43.88 Enovis ENOV ... dd 57.43 –0.82 ... 18.88 5.70 FourSeasonsEduc FEDU ... dd 9.58 –1.22 ...
51.46 34.02 CaliforniaRscs CRC 2.9 3 39.25 –1.25.2825 58.09 31.47 CommercialMetals CMC 1.4 5 44.55 –2.14 .16 3.44 0.57 DigitalMedia DMS ... dd .61 –0.03 ... 10.60 9.60 EnphysAcqnA NFYS ... 30 10.28 +0.05 ... 160.21 109.70 Franco-Nevada FNV .9 45 159.01 +7.23 .34
66.12 48.46 CalWtrSvc CWT 1.8 42 57.03 +0.95 .26 72.86 45.53 CommBkSys CBU 3.6 18 48.54 –1.42 .44 141.85 85.76 DigitalRealty DLR 5.1 87 96.42 –2.73 1.22 127.67 76.14 EnPro NPO 1.2 9 98.88 +4.61 .29 16.20 10.34 FrankBSPRealty FBRT 11.1 dd 12.74 +0.11.355
77.44 31.59 Calix CALX ... 70 42.73 –2.97 ... 8.01 1.88 CommunityHlthSys CYH ... dd 3.66 –2.68 ... 26.24 9.99 DigitalBridge DBRG .4 dd 11.02 –1.41 .01 122.46 94.94 Entergy ETR 4.0 20 107.36 –0.22 1.07 54.70 34.00 FranklinCovey FC ... 27 35.62 –1.10 ...
64.08 28.91 CallonPetrol CPE ... 1 33.18 +0.04 ... 43.88 30.38 CommunityHlthcr CHCT 4.9 cc 36.51 +0.72 .45 53.88 23.38 DigitalOcean DOCN ... dd 32.81 +1.27 ... 28.65 22.90 EnterpriseProd EPD 7.7 10 25.60 –0.71 .49 34.37 20.24 FranklinRscs BEN 4.7 15 25.54 –1.34 .30
150.28 97.74 CamdenProperty CPT 3.6 20 110.35 +0.301.00 12.04 7.45 SABESP SBS ... 11 9.33 +0.08 ... 417.86 193.00 Dillard's DDS .3 6 297.03 –1.36 .20 7.33 3.96 Entravision EVC 3.5 27 5.65 –0.60 .05 10.45 9.76 FreedomI A FACT ... 75 10.41 –0.03 ...
31.29 20.02 Cameco CCJ .3 91 27.56 +0.07.0941 4.20 2.45 EngGr-Cmg C CIG.C 4.7 11 3.99 –0.08.0224 82.43 61.03 DineBrands DIN 3.1 12 64.80 –0.13 .51 71.67 41.72 Envestnet ENV ... dd 55.74 –7.64 ... 46.73 24.80 FreeportMcM FCX 1.6 20 36.47 –1.44.075
57.78 44.37 CampbellSoup CPB 2.7 20 54.74 +0.44 .37 2.62 1.82 EngGr-Cmg CIG 7.7 7 2.37 –0.05.0224 6.90 2.43 Dingdong DDL ... dd 4.00 +0.11 ... 45.64 31.67 Envista NVST ... 30 35.34 –3.15 ... 31.02 12.79 FreseniusMed FMS 2.1 19 23.42 –0.80.7085
33.99 18.69 CampingWorld CWH10.1 11 24.84 +2.45.625 8.25 5.71 COPEL ELP 10.8 cc 7.67 –0.07.2619 10.73 10.01 DirectSellingA DSAQ ... 26 10.54 +0.01 ... 80.65 6.69 Enviva EVA 40.2 dd 9.01 –12.49.905 32.49 22.63 FreshDelMonte FDP 2.2 12 27.00 –1.71 .20
24.73 14.51 CanadaGoose GOOS ... 47 20.32 +0.70 ... 4.83 2.20 CiaSiderurgica SID 14.6 dd 2.79 –0.06.2015 119.91 87.64 DiscoverFinSvcs DFS 2.9 6 95.96 –7.51 .70 2.75 1.00 EnzoBiochem ENZ ... dd 2.57 +0.04 ... 19.29 7.48 Frontline FRO 16.2 13 15.10 –0.37 1.07
56.68 39.40 CIBC CM 6.1 11 41.50 –0.45.6177 17.05 9.31 CerveceriasUnid CCU 1.3 23 16.79 +0.72.0302 126.48 84.07 Disney DIS ... 55 100.52 –1.98 ... 234.14 145.98 Equifax EFX .8 42 200.11 –8.27 .39 8.14 0.96 fuboTV FUBO ... dd 1.47 +0.33 ...
129.89 103.79 CanNtlRlwy CNI 1.9 20 121.82 +2.55.5835 25.94 16.32 CompassDiversif CODI 5.3 dd 19.00 –0.06 .25 88.06 61.55 DolbyLab DLB 1.3 34 84.69 +1.00 .27 42.53 26.28 Equinor EQNR 2.4 3 29.54 +0.80 .60 10.18 4.58 FullTruck YMM ... cc 6.15 –0.25 ...
69.46 44.45 CanadianNatRscs CNQ 4.6 9 57.62 –3.35.6604 6.88 1.84 Compass COMP ... dd 2.49 +0.15 ... 12.97 7.20 Dole DOLE 2.6 13 12.11 –0.21 .08 33.24 21.89 Equitable EQH 3.3 7 24.03 –1.96 .20 81.41 57.36 FullerHB FUL 1.2 22 66.18 +0.01 .19
82.96 65.17 CdnPacKC CP .7 27 80.98 +2.14.1395 57.28 30.41 CompassMnlInt CMP 1.9 dd 31.54 –1.19 .15 261.59 183.25 DollarGeneral DG 1.1 21 218.95 –2.51 .59 9.90 4.60 EquitransMdstm ETRN 11.7 dd 5.11 –0.04 .15 10.43 9.76 FusionAcqnIIA FSNB ... 41 10.32 –0.02 ...
3.80 1.01 Cango CANG .0 dd 1.11 –0.08 .98 10.47 9.76 ComputeHlthA CPUH ... 35 10.40 +0.02 ... 2.17 0.34 Doma DOMA ... dd .41 –0.02 ... 28.20 19.41 EquityCommnwlth EQC .0 46 20.82 +0.104.25 10.15 5.77 FutureFuel FF 3.1 22 7.68 +0.18 .06
25.74 17.11 Cannae CNNE ... dd 18.16 –0.08 ... 22.11 9.21 ComstockRscs CRK 5.2 2 9.55 –1.95 .125 86.28 52.03 DominionEner D 4.7 53 56.49 –0.65.6675 77.59 56.91 EquityLife ELS 2.6 45 69.18 +0.28.4475
41.30 31.02 ConagraBrands CAG 3.5 23 37.82 –0.14 .33 426.44 291.00 Domino's DPZ 1.6 24 311.11 –6.36 1.21 80.89 54.60 EquityResdntl EQR 4.2 26 63.38 +0.13.6625 G
9.75 0.76 CanoHealth CANO ... dd 1.11 –0.05 ...
130.29 83.93 CapitalOne COF 2.7 6 88.01 –9.29 .60 10.75 9.61 ConcordAcqnIIA CNDA ... 25 10.18 –0.05 ... 66.96 46.00 Donaldson DCI 1.4 22 64.50 +0.95 .23 2.70 1.34 EquusTotReturn EQS ... dd 1.56 –0.03 ... 118.11 84.96 GATX GATX 1.9 26 114.00 +0.09 .55
69.25 36.90 Capri CPRI ... 7 38.31 –3.19 ... 10.59 9.89 ConcordAcqnIII A CNDB ... 19 10.41 –0.01 ... 50.38 24.60 DonnelleyFin DFIN ... 15 42.45 –0.80 ... 13.90 9.12 ErmenegildoZegna ZGN .7 58 12.85 –0.08.0947 12.44 5.75 GEO Group GEO ... 7 7.59 +0.06 ...
83.77 49.70 CardinalHealth CAH 2.4 48 83.20 +1.10.4957 2.10 1.03 ConcordMed CCM ... dd 1.39 +0.06 ... 87.00 41.37 DoorDash DASH ... dd 62.90 +1.71 ... 20.69 8.07 EroCopper ERO ... 19 20.54 +0.85 ... 37.21 23.10 GFLEnvironmental GFL .1 dd 35.58 –0.72 .012
22.46 15.90 CareTrustREIT CTRE 5.7 dd 19.62 +0.13 .28 129.65 71.09 Conmed CNMD .6 dd 125.36 –0.21 .20 23.51 12.91 DorianLPG LPG .0 6 21.11 –1.111.00 45.01 34.27 EssentGroup ESNT 2.3 6 42.62 +0.15 .25 62.19 36.10 GMS GMS ... 7 57.66 –0.40 ...
318.71 203.66 Carlisle CSL 1.4 13 213.58 –2.27 .75 138.49 78.30 ConocoPhillips COP 2.0 8 100.37 –2.52 .60 32.43 17.22 DoubleVerify DV ... cc 26.89 –2.53 ... 26.43 18.88 EssentialProp EPRT 4.4 24 25.22 +0.47.275 6.59 2.00 GOL Linhas GOL .0 dd 2.79 +0.11.0023
106.24 52.10 CarMax KMX ... 23 70.61 +0.58 ... 102.21 78.10 ConEd ED 3.3 21 99.49 +1.02 .81 41.40 25.49 DouglasDynamics PLOW 4.3 22 27.73 –1.58.295 52.43 38.50 EssentialUtil WTRG 2.7 24 43.07 +0.37.287 45.95 28.47 GSK GSK 5.4 5 36.98 +0.95.3475
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

16.56 6.11 Carnival CCL ... dd 10.01 +0.80 ... 10.65 9.79 ConstellationI A CSTA ... 31 10.34 +0.03 ... 6.27 2.55 DouglasElliman DOUG 6.9 dd 2.88 –0.31 .05 315.31 195.03 EssexProp ESS 4.2 29 220.00 +0.27 2.31 10.62 9.77 GSquaredIIA GSQB ... 30 10.40 +0.01 ...
15.15 5.43 Carnival CUK ... dd 9.01 +0.69 ... 261.32 208.12 ConstBrands A STZ 1.6 dd 223.44 –6.03 .80 29.54 10.62 DouglasEmmett DEI 6.3 24 12.09 –0.79 .19 284.45 186.47 EsteeLauder EL 1.3 67 203.54 –43.18 .66 61.84 32.10 GXO Logistics GXO ... 31 52.50 –0.63 ...
54.89 24.76 CarpenterTech CRS 1.6 cc 50.27 –2.47 .20 17.57 9.82 Constellium CSTM ... 15 14.93 +0.08 ... 160.66 114.49 Dover DOV 1.4 19 144.51 –1.65.505 31.78 19.60 EthanAllen ETD 5.3 6 27.16 –0.77 .36 214.22 148.24 Gallagher AJG 1.0 41 213.82 +5.76 .55
44.52 22.71 CarriageSvcs CSV 1.6 13 27.59 –1.12.1125 8.11 2.75 ContainerStore TCS ... 3 2.95 –0.14 ... 70.38 42.91 Dow DOW 5.1 14 54.41 +0.01 .70 21.00 9.94 Euronav EURN 1.3 16 15.84 –1.36 .03 47.99 15.41 GameStop GME ... dd 20.42 +1.13 ...
49.17 33.10 CarrierGlobal CARR 1.7 14 42.38 +0.56 .185 16.00 6.86 Volaris VLRS ... dd 11.77 +0.01 ... 47.46 22.91 Doximity DOCS ... 59 34.10 –2.65 ... 13.34 5.10 EveHolding EVEX ... dd 7.41 –0.39 ... 4.08 1.25 Gannett GCI ... dd 2.01 +0.11 ...
20.42 8.75 Cars.com CARS ... 50 17.64 –1.93 ... 13.05 11.56 Cool CLCO ... ... 12.11 –0.10 ... 61.40 49.59 DrReddy'sLab RDY .5 22 60.78 +0.32.3171 10.53 9.86 EVeMobilityA EVE ... cc 10.47 –0.03 ... 5.49 0.64 GaotuTechedu GOTU ... cc 3.01 –0.27 ...
86.76 62.66 Carter's CRI 4.4 12 68.85 –0.92 .75 388.29 244.22 Cooper COO .0 51 385.94 +4.49 .03 18.00 8.17 DreamFinders DFH ... 7 16.13 +0.88 ... 12.89 5.30 Eventbrite EB ... dd 6.46 –0.81 ... 15.49 7.79 Gap GPS 6.9 dd 8.67 –0.93 .15
58.05 3.55 Carvana CVNA ... dd 8.96 +2.02 ... 18.95 3.53 Cooper-Standard CPS ... dd 11.50 –1.95 ... 35.95 19.10 Dril-Quip DRQ ... cc 26.70 –0.58 ... 137.42 78.67 EvercoreA EVR 2.8 11 108.63 –5.44 .76 108.32 76.37 Garmin GRMN 2.8 21 103.78 +5.61 .73
115.34 40.69 Catalent CTLT ... 21 47.75 –2.37 ... 98.11 55.25 Copa CPA 3.5 10 92.58 +2.26 .82 22.29 12.64 DuckhornPtf NAPA ... 30 14.62 –0.48 ... 10.52 9.94 EverestConsolA MNTN ... cc 10.51 ... ... 358.25 221.39 Gartner IT ... 26 303.57 +1.11 ...
266.04 160.60 Caterpillar CAT 2.2 16 215.09 –3.71 1.20 27.26 18.75 Core&Main CNM ... 13 26.84 +0.78 ... 58.28 38.89 Ducommun DCO ... 21 48.76 –1.24 ... 395.00 244.58 EverestRe RE 1.8 22 375.40 –2.60 1.65 14.93 9.40 GatesIndustrial GTES ... 19 14.09 +0.62 ...
14.25 8.04 Cato CATO 8.2 cc 8.33 +0.08 .17 31.42 13.19 CoreLabs CLB .2 43 21.89 –0.62 .01 114.50 83.76 DukeEnergy DUK 4.0 30 99.36 +0.481.005 21.11 13.52 Everi EVRI ... 12 15.13 –0.07 ... 7.49 2.20 GatosSilver GATO ... dd 6.32 +0.35 ...
35.80 1.42 Cazoo CZOO ... dd 1.58 –0.20 ... 23.50 14.01 CorebridgeFin CRBG 5.5 1 16.64 –0.22 .23 17.50 9.86 Dun&Bradstreet DNB 1.8 dd 10.95 –0.22 .05 94.41 70.54 EversourceEner ES 3.5 19 77.44 –0.17 .675 27.15 11.92 GencoShipping GNK 14.4 4 13.90 –1.51 .15
52.26 37.58 CedarFairRec FUN 2.9 9 40.79 –2.93 .30 35.48 20.45 CoreCard CCRD ... 15 24.26 –1.50 ... 78.40 49.52 DuPont DD 2.2 6 65.51 –4.21 .36 40.30 30.17 Evertec EVTC .6 10 34.00 –0.69 .05 299.85 86.29 Generac GNRC ... 29 114.18 +11.96 ...
161.37 86.71 Celanese CE 2.6 6 105.90 –0.34 .70 13.51 7.84 CoreCivic CXW ... 9 8.72 –0.07 ... 54.18 20.05 DutchBros BROS ... dd 32.63 +1.48 ... 39.78 21.83 EvolentHealth EVH ... dd 34.01 –2.40 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

256.86 205.40 GeneralDynamics GD 2.5 17 211.92 –6.42 1.32


14.28 8.21 Celestica CLS ... 9 11.02 +0.16 ... 3.48 0.96 CorEnergyInfr CORR19.0 dd 1.05 +0.01 .05 122.13 76.21 DycomInds DY ... 20 95.40 +2.78 ... 51.68 30.44 EvoquaWater AQUA ... 82 51.52 +2.07 ... 102.95 46.77 GeneralElec GE .3 13 100.24 +1.27 .08
6.14 4.39 CementosPacasm CPAC 9.3 10 5.35 –0.05.5276 37.73 28.98 Corning GLW 3.6 30 31.48 –1.74 .28 4.49 2.08 DynagasLNG DLNG ... 2 2.59 –0.09 ... 31.13 18.31 ExcelerateEner EE .5 84 21.04 –0.46.025 89.95 64.94 GeneralMills GIS 2.4 19 89.81 +1.18 .54
6.73 3.20 Cemex CX ... 17 6.61 +0.61 ... 11.90 5.00 CorpAmAirports CAAP ... ... 11.36 +0.67 ... 48.00 29.41 Dynatrace DT ... cc 43.96 +1.68 ... 4.00 0.66 Express EXPR ... 0 .85 +0.04 ... 43.63 30.33 GeneralMotors GM 1.1 5 33.26 +0.22 .09
24.91 14.44 CenovusEnergy CVE 2.0 8 15.92 –0.88.1028 28.69 21.59 CorpOfficeProp OFC 4.7 24 24.46 +1.57.285 17.06 10.59 DynexCapital DX 14.3 dd 10.93 –0.93 .13 24.04 8.82 Expro XPRO ... dd 17.56 –2.33 ... 11.02 9.70 GenAsia I A GAQ ... 31 10.40 +0.01 ...
98.53 61.71 Centene CNC ... 26 68.39 –0.54 ... 10.60 9.65 CorsairPtrA CORS ... 23 10.30 +0.03 ... 216.52 139.97 ExtraSpaceSt EXR 4.2 25 154.74 +2.70 1.62 66.42 30.48 Genesco GCO ... 5 31.96 –2.70 ...
68.43 50.03 Corteva CTVA 1.0 36 58.25 –2.87 .15 E 119.92 80.69 ExxonMobil XOM 3.3 7 108.68 –9.66 .91
33.50 25.03 CenterPointEner CNP 2.5 24 30.52 +0.05 .19 12.95 7.61 GenesisEnergy GEL 6.0 dd 10.02 –1.14 .15
8.82 3.77 CenterraGold CGAU 3.0 dd 6.86 +0.11.0516 18.60 10.13 Cosan CSAN ... 25 11.91 +0.03 ... 10.24 9.68 EG Acqn A EGGF ... 78 10.22 +0.01 ... 16.61 6.10 GenieEnergy GNE 2.0 5 15.34 –0.23.075
14.85 7.93 Costamare CMRE 5.5 2 8.39 –0.64 .115 F
90.00 51.26 Centerspace CSR 4.9 37 59.35 +2.97 .73 97.03 20.49 elfBeauty ELF ... cc 88.39 –4.37 ... 5.82 2.20 GeniusSports GENI ... dd 4.02 +0.31 ...
10.39 5.67 CentraisElBras EBR .6 15 6.90 +0.18.0443 36.55 22.25 CoterraEnergy CTRA10.0 5 25.09 –0.51 .37 174.05 95.64 EMCOR EME .4 18 167.88 –3.12 .15 10.33 9.71 FastAcqnII A FZT ... cc 10.27 +0.01 ... 48.85 38.99 Genpact G 1.4 21 39.86 –4.69.1375
24.75 13.22 CentralPacFin CPF 7.2 6 14.51 –1.37 .26 12.64 5.90 Coty COTY ... 96 12.10 +0.23 ... 32.21 20.38 ENI E 4.3 4 30.01 –0.27.3107 35.00 9.03 F&GAnnuities FG 5.0 ... 16.12 –2.21 .20 187.73 125.55 GenuineParts GPC 2.2 20 173.73 +5.42 .95
6.93 2.81 CentralPuerto CEPU 2.1 8 6.00 –0.10.1649 21.38 8.98 Coupang CPNG ... dd 17.44 +0.68 ... 150.88 92.16 EOG Rscs EOG 2.9 7 114.17 –5.30.825 45.25 24.34 FB Financial FBK 2.3 10 26.31 –3.12 .15 6.40 3.43 GenworthFin GNW ... 5 4.98 –0.83 ...
67.80 39.00 CenturyComm CCS 1.4 5 65.24 –2.10 .23 17.72 9.81 Coursera COUR ... dd 10.96 –1.48 ... 462.99 239.41 EPAM Systems EPAM ... 34 242.47 –39.97 ... 7.92 0.72 F45Training FXLV ... dd .77 –0.08 ... 18.52 9.11 GeoPark GPRK 5.1 3 10.17 –0.76 .13
79.66 43.23 CeridianHCM CDAY ... dd 56.70 –6.78 ... 35.66 18.06 CousinsProperties CUZ 6.0 20 21.27 –0.54 .32 55.90 33.92 EPR Prop EPR 7.8 19 42.30 +0.34.275 15.00 5.55 Figs FIGS ... 69 7.70 +0.50 ... 6.34 3.75 Gerdau GGB .5 4 4.97 –0.02.0751
19.92 8.07 ChargePoint CHPT ... dd 8.77 +0.10 ... 83.00 67.28 Crane CR ... ... 71.73 –0.34 ... 51.97 28.11 EQT EQT 1.9 3 32.35 –2.49 .15 134.38 98.24 FMC FMC 2.0 20 113.49 –10.09 .58 10.17 0.23 Getaround GETR ... dd .39 –0.07 ...
262.00 181.22 CharlesRiverLabs CRL ... 20 191.25 +1.13 ... 49.56 28.53 CraneNXT CXT 3.9 7 47.94 +0.58.1632 63.32 32.12 ESAB ESAB .3 18 60.63 +2.27 .05 14.71 10.09 FNB FNB 4.4 7 10.85 –0.63 .12 37.88 3.42 GettyImages GETY ... dd 5.93 –0.50 ...
242.59 101.44 ChartIndustries GTLS ... dd 126.53 –6.57 ... 9.54 5.13 Crawford A CRD.A 2.6 dd 9.13 +0.10 .06 101.52 60.03 ESCO Tech ESE .3 30 97.17 +3.60 .08 16.94 6.20 FreyrBattery FREY ... dd 7.07 ... ... 36.49 24.66 GettyRealty GTY 5.0 20 34.50 +1.17 .43
14.38 9.34 ChathamLodging CLDT 2.7 79 10.23 –0.01 .07 9.00 5.05 Crawford B CRD.B 3.0 dd 8.04 –0.11 .06 5.75 1.01 ESSTech GWH ... dd 1.09 +0.02 ... 22.57 16.70 FS KKR Cap FSK 13.4 59 19.12 +0.31 .06 34.33 25.67 Gildan GIL 2.5 10 29.50 –3.08 .186
6.50 1.41 CheetahMobile CMCM ... dd 2.23 +0.04 ... 158.95 113.21 Credicorp BAP 2.8 9 141.35 +5.873.9936 8.71 3.92 E2open ETWO ... dd 4.62 –1.67 ... 205.63 140.09 FTI Consulting FCN ... 28 175.11 –5.39 ... 4.91 1.12 GinkgoBioworks DNA ... dd 1.27 +0.05 ...
30.05 8.72 Chegg CHGG ... 6 10.14 –7.84 ... 7.35 0.82 CreditSuisse CS 4.5 1 .87 –0.03.0528 78.75 40.13 EagleBulkShip EGLE 5.8 3 41.64 –3.08 .10 140.18 74.57 Fabrinet FN ... 15 93.08 –1.87 ... 59.70 26.79 GlacierBancorp GBCI 4.5 11 29.13 –4.10 .33
570.17 430.16 Chemed CHE .3 35 550.70 –0.55 .38 18.96 9.80 CrescentEnergy CRGY 6.1 5 11.08 –0.54 .17 161.49 101.98 EagleMaterials EXP .6 14 160.08 +11.87 .25 474.13 345.92 FactSet FDS 1.0 35 405.85 –5.84 .98 9.23 2.08 Glatfelter GLT .0 dd 3.45 –1.07 .14
44.95 23.58 Chemours CC 3.4 10 29.51 +0.44 .25 10.96 5.51 CrescentPoint CPG 4.2 3 7.03 –0.37.0736 22.25 10.65 EarthstoneEner ESTE ... 3 13.05 –0.51 ... 760.15 340.48 FairIsaac FICO ... 49 731.98 +4.03 ... 60.92 33.33 Glaukos GKOS ... dd 54.49 +6.98 ...
7.34 4.58 CherryHillMtg CHMI20.5 7 5.27 –0.26 .27 31.46 22.11 CrestwoodEquity CEQP10.9 dd 23.95 –0.74.655 20.33 12.27 EasterlyGovtProp DEA 7.5 47 14.22 +0.15.265 12.89 3.64 Farfetch FTCH ... 7 4.14 +0.11 ... 7.60 3.49 GlobalBlue GB ... dd 5.39 –0.13 ...
138.49 105.79 ChesapeakeUtil CPK 1.7 26 127.80 +4.30 .59 30.40 13.20 CrossTimbers CRT 11.6 10 19.71 –0.80.2447 180.25 137.47 EastGroup EGP 2.9 44 171.55 +4.99 1.25 15.78 9.44 FarmlandPtrs FPI 2.3 68 10.57 +0.13 .06 9.99 4.26 GlblBusTravel GBTG ... dd 5.75 –0.40 ...
189.68 132.54 Chevron CVX 3.8 9 160.21 –8.37 1.51 193.95 116.76 CrownCastle CCI 5.3 31 118.50 –4.591.565 112.78 69.91 EastmanChem EMN 3.9 14 80.95 –3.32 .79 18.08 7.15 Fastly FSLY ... dd 11.78 –3.00 ... 30.72 20.52 GlobalIndemnity GBLI 3.6 dd 28.06 +0.22 .25
52.88 22.22 ChewyA CHWY ... cc 33.12 +2.11 ... 110.80 66.00 CrownHoldings CCK 1.1 17 85.73 –0.05 .24 7.24 2.78 EastmanKodak KODK ... 22 3.34 +0.05 ... 6.57 0.40 FathomDigital FATH ... dd .43 –0.04 ... 37.32 20.52 GlobalIndl GIC 3.4 13 23.34 –3.31 .20
7.31 3.80 Chico'sFas CHS ... 6 5.07 +0.03 ... 10.67 9.80 CrownPropA CPTK ... 24 10.13 –0.09 ... 178.75 122.50 Eaton ETN 2.0 27 171.05 +3.93 .86 131.18 85.97 FedAgriMtg A AGM.A 4.1 8 107.50 –2.52 1.10 13.80 7.01 GlobalMedREIT GMRE 9.4 52 8.96 –0.32 .21
10.66 4.91 ChimeraInvt CIM 17.7 dd 5.19 –0.49 .23 51.08 36.82 CubeSmart CUBE 4.3 30 46.06 +0.57 .49 179.77 131.04 Ecolab ECL 1.2 43 173.67 +5.83 .53 149.37 90.38 FedAgriMtg C AGM 3.4 9 129.88 –3.41 1.10 15.30 9.82 GlobalNetLease GNL 14.1 dd 11.34 +0.08 .40
8.94 3.16 ChinaGreenAg CGA ... dd 3.39 –0.02 ... 160.60 92.55 Cullen/Frost CFR 3.4 10 102.17 –8.08 .87 17.60 8.59 Ecopetrol EC 22.2 2 9.20 –0.52.1479 118.55 86.43 FederalRealty FRT 4.5 21 96.34 –2.55 1.08 39.24 20.23 GlobalPtrs GLP 8.6 3 30.50 –0.30.655
11.08 6.73 ChinaYuchai CYD 5.3 9 7.50 –0.22 .40 6.24 3.95 Culp CULP ... dd 5.20 –0.26 ... 11.75 8.20 Ecovyst ECVT ... 23 10.60 –0.75 ... 58.15 31.86 FederalSignal FSS .8 25 52.74 +1.36 .10 136.88 92.27 GlobalPayments GPN 1.0 dd 104.78 –7.93 .25
2077.29 1196.28 Chipotle CMG ... 55 2028.21 –39.41 ... 261.91 184.28 Cummins CMI 2.8 13 226.38 –8.66 1.57 45.43 32.00 EdgewellPersonal EPC 1.4 23 42.80 –0.87 .15 45.55 28.42 FederatedHermes FHI 2.9 14 39.00 –2.39 .28 23.79 14.62 GlobalShipLease GSL 8.4 2 17.81 –1.33 .375
136.12 104.15 ChoiceHotels CHH .9 22 129.27 +1.75.2875 182.55 124.37 Curtiss-Wright CW .5 20 163.45 –6.38 .19 74.92 54.45 EdisonIntl EIX 4.0 34 73.56 –0.04.7375 248.76 141.92 FedEx FDX 2.2 15 229.30 +1.52 1.26 240.00 138.61 Globant GLOB ... 41 142.00 –14.87 ...
231.37 173.78 Chubb CB 1.7 16 198.93 –2.63 .83 19.15 7.68 Cushman&Wkfd CWK ... 25 7.98 –1.87 ... 107.92 67.13 EdwardsLife EW ... 37 88.74 +0.76 ... 149.81 99.16 Ferguson FERG 2.2 14 139.51 –1.31 .75 123.85 87.87 GlobeLife GL .8 13 108.29 –0.23.225
44.16 32.90 ChunghwaTel CHT 2.9 26 41.51 +0.291.237 7.64 4.54 CustomTruck CTOS ... 40 6.20 –0.08 ... 24.93 8.67 ElancoAnimal ELAN ... dd 9.31 –0.16 ... 297.74 167.45 Ferrari RACE ... 55 296.81 +18.17 ... 80.04 50.92 GlobusMedical GMED ... 30 58.45 +0.31 ...
99.56 70.16 Church&Dwight CHD 1.1 59 97.53 +0.41.2725 43.32 6.87 CustomersBancorp CUBI ... 3 19.07 –2.77 ... 91.30 46.18 Elastic ESTC ... dd 56.67 –0.58 ... 45.51 31.84 FidNatlFin FNF 5.3 14 34.14 –1.35 .45 85.32 64.65 GoDaddy GDDY ... 33 69.65 –6.03 ...
11.00 9.75 ChurchillCapV A CCV ... 26 10.07 ... ... D 12.11 5.06 EldoradoGold EGO ... dd 11.99 +0.94 ... 106.65 48.57 FidNatlInfo FIS 3.7 dd 55.75 –2.97 .52 11.01 9.98 GoGreenInvtsA GOGN ... dd 10.69 ... ...
10.18 9.74 ChurchillVI A CCVI ... 24 10.16 ... ... 22.14 15.31 ElementSolns ESI 1.8 26 18.13 –0.02 .08 9.08 4.00 51TalkOnlineEd COE ... dd 6.00 +0.25 ... 17.78 7.03 GoldFields GFI 2.0 20 16.44 +0.88.2425
10.20 9.71 ChurchillVII A CVII ... 25 10.19 +0.02 ... 42.15 26.44 DCP Midstream DCP 4.1 8 41.49 ... .43 549.52 440.02 ElevanceHealth ELV 1.3 18 464.47 –4.181.48 2.65 1.19 FinanceofAm FOA ... dd 1.58 –0.05 ... 10.44 9.74 GoldenFalconA GFX ... 42 10.13 +0.02 ...
56.38 38.33 Ciena CIEN ... 36 44.08 –1.96 ... 7.57 3.34 DHI Group DHX ... 38 3.40 –0.27 ... 16.38 10.81 EllingtonFin EFC 14.9 dd 12.05 –0.72 .15 5.92 3.40 FinVolution FINV 4.9 3 4.01 +0.03 .215 19.07 12.87 GoldmanSachsBDC GSBD13.8 24 13.01 –0.89 .45
340.11 240.11 Cigna CI 1.9 12 260.74 +7.45 1.23 12.13 4.98 DHT DHT 5.7 22 8.45 –1.04 .23 8.84 5.70 EllingtonResiMtg EARN13.9 dd 6.93 –0.44 .08 64.66 43.54 FirstAmerFin FAF 3.6 29 58.29 +0.68 .52 389.58 277.84 GoldmanSachs GS 3.1 12 327.02 –16.422.50
19.76 8.28 Cinemark CNK ... dd 16.14 –0.74 ... 13.20 4.66 DRDGOLD DRD ... 16 13.11 +2.41 ... 10.40 9.67 ElliottOppIIA EOCW ... 23 10.30 ... ... 16.40 10.18 FirstBanCorp FBP 5.0 7 11.30 –0.45 .14 31.62 22.67 Gorman-Rupp GRC 2.7 66 25.52 +0.97 .175
32.02 13.26 CircorIntl CIR ... 29 27.25 –0.59 ... 136.77 100.64 DTE Energy DTE 3.4 20 113.36 +0.95.9525 24.76 16.14 ElmeComms ELME 4.3 dd 16.58 –0.65 .18 16.53 11.33 FirstCmwlthFin FCF 4.1 9 12.26 –0.22 .125 80.90 56.48 Graco GGG 1.2 28 78.64 –0.65.235
54.56 40.01 Citigroup C 4.4 6 46.32 –0.75 .51 61.12 45.11 DT Midstream DTM 5.6 12 46.92 –2.35 .69 13.50 8.28 EmbotellAndinaA AKO.A 6.3 14 12.76 +0.04.2195 24.92 8.99 FirstHorizon FHN 5.5 7 10.94 –6.61 .15 10.86 9.68 GrafAcqnIV GFOR ... 48 10.18 ... ...
44.82 23.37 CitizensFin CFG 6.4 6 26.44 –4.50 .42 13.23 0.41 D-WaveQuantum QBTS ... dd .44 –0.06 ... 16.36 9.63 EmbotellAndinaB AKO.B 5.8 16 15.27 +0.15.2442 55.88 42.91 FirstIndRlty FR 2.4 19 54.36 +1.89 .32 9.31 3.75 GrafTechIntl EAF .9 4 4.27 –0.44 .01
4.52 1.72 Citizens CIA ... dd 1.74 –0.13 ... 36.00 22.11 DXC Tech DXC ... 8 22.69 –1.16 ... 16.75 7.91 Embraer ERJ ... 70 13.28 –2.17 ... 9.89 5.53 FirstMajestic AG .3 dd 6.84 –0.22.0057 14.66 6.51 Graham GHM ... dd 12.42 –0.45 ...
14.27 5.08 CityOfficeREIT CIO 15.4 29 5.18 –0.64 .20 19.30 11.17 Dana DAN 2.8 dd 14.13 –0.66 .10 4.55 2.45 EmeraldHldg EEX ... 13 3.58 –0.13 ... 43.70 35.32 FirstEnergy FE 3.9 55 39.70 –0.10 .39 681.70 525.58 GrahamHoldings GHC 1.1 cc 582.96 +7.39 1.65
36.88 17.87 Civeo CVEO ... dd 20.19 +0.94 ... 303.82 227.00 Danaher DHR .4 26 242.44 +5.53 .27 7.50 3.46 Emeren SOL ... 3 3.98 –0.10 ... 12.30 1.31 FiscalNote NOTE ... dd 1.65 –0.16 ... 709.21 440.48 Grainger GWW 1.1 21 675.51 –20.06 1.86
84.76 44.17 CivitasRscs CIVI 3.0 4 67.49 –1.56 1.62 87.12 51.10 Danaos DAC 5.3 2 56.51 –1.42 .75 40.45 7.74 EmergentBiosol EBS ... dd 8.96 +0.13 ... 11.59 4.26 Fisker FSR ... dd 6.22 –0.22 ... 44.15 25.35 GraniteConstr GVA 1.5 21 35.83 –2.30 .13
May 8, 2023 BARRON’S 39

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
–2.42 .50
NYSE Cumulative Daily Breadth vs DJIA
11.15 3.97 GranitePointMtg GPMT21.8 dd 4.13 –0.34 .20 43.44 28.50 Lazard LAZ 6.9 13 28.88 85.25 54.46 Maximus MMS 1.4 29 80.50 –3.15 .28
14.00 4.82 GraniteRidge GRNT 6.4 5 5.95 +0.27 .11 158.44 114.67 Lear LEA 2.5 17 123.60 –4.06 .77 16.66 5.95 MayvilleEngg MEC ... 12 9.89 –2.21 ...
26.11 19.08 GraphicPkg GPK 1.6 13 25.70 +1.04 .10 10.42 9.80 LearnCWInvtA LCW ... 30 10.34 +0.01 ... 101.19 68.01 McCormickVtg MKC.V 1.8 36 88.18 +1.48 .39
29.99 10.30 GravitasEduc GEHI ... ... 14.60 –1.80 ... 41.94 30.05 Leggett&Platt LEG 5.4 16 32.85 +0.54 .46 101.40 70.60 McCormick MKC 1.8 36 88.95 +1.10 .39
20.83 6.50 GrayTelevision GTN 4.6 2 7.01 –0.70 .08 In Between Days: NYSE Composite breadth fell. The S&P 500 fell 0.8% 110.91 78.58 Leidos LDOS 1.8 17 80.83 –12.43 .36 298.80 228.34 McDonald's MCD 2.0 32 296.60 +0.85 1.52
19.50 7.45 GrayTelevision A GTN.A 4.3 2 7.50 –1.01 .08 9.84 1.03 LejuHoldings LEJU ... dd 3.10 +1.29 ... 10.00 2.81 McEwenMining MUX ... dd 8.92 +0.72 ...
11.33 5.53 GreatAjax AJX 17.9 dd 5.58 –1.00 .25 after the Federal Reserve raised interest rates a quarter point and sig- 32.97 10.29 Lemonade LMND ... dd 14.64 +3.80 ... 401.78 298.69 McKesson MCK .6 17 365.87 +1.63 .54
48.16 16.80 GreenBrickPtrs GRBK ... 8 48.08 +10.81 ... 16.41 6.31 LendingClub LC ... 3 6.79 –0.39 ... 17.01 5.08 MediaAlpha MAX ... dd 5.99 –1.41 ...
30.29 14.96 GreenDot GDOT ... 16 18.80 +1.61 ... naled a possible pause. Losing NYSE stocks crowded winners by 2 to 1. 115.90 62.54 Lennar A LEN 1.3 7 113.44 +0.63 .375 18.92 7.10 MedicalProp MPW13.5 17 8.61 –0.16 .29
44.70 23.80 Greenbrier GBX 4.0 23 26.90 +0.45 .27 Breadth DJIA 102.35 52.67 Lennar B LEN.B 1.5 6 99.65 +1.83 .375 192.44 80.52 Medifast MED 7.3 7 90.97 –0.68 1.65
14.17 5.65 Greenhill GHL 6.0 dd 6.68 –0.42 .10 286.87 182.85 LennoxIntl LII 1.5 20 282.56 +0.65 1.06 106.33 75.77 Medtronic MDT 3.0 30 90.06 –0.89 .68
4.79 2.32 GreenTree GHG ... dd 4.35 –0.03 ... 594,500 34,600 10.97 9.79 LeoHldgsII A LHC ... 38 10.54 +0.04 ... 119.65 83.05 Merck MRK 2.5 23 117.68 +2.21 .73
84.87 54.75 Greif B GEF.B 3.8 7 77.95 –0.79 .75 20.49 13.57 LeviStrauss LEVI 3.4 12 14.17 –0.29 .12 52.47 26.15 MercuryGeneral MCY 4.3 dd 29.52 –0.89.3175
74.22 57.10 Greif A GEF 3.2 8 63.23 +0.44 .50 8.49 4.30 Li-Cycle LICY ... dd 4.99 +0.24 ... 18.84 12.49 MeridianLink MLNK ... dd 15.80 +0.86 ...
19.54 16.00 GreystoneHousing GHI 9.0 6 16.45 –1.13 .37
589,000 33,400 19.08 10.71 LibertyEnergy LBRT 1.6 4 12.17 –0.64 .05 130.68 62.51 MeritageHomes MTH .9 5 126.14 –1.91 .27
43.74 22.55 Griffon GFF 1.2 dd 32.10 +3.65 .125 146.66 94.02 LifeStorage LSI 3.5 32 136.27 +1.89 1.20 28.00 8.76 MesaRoyalty MTR 10.8 9 18.64 +0.49.2379
71.51 4.50 Grindr GRND ... dd 6.28 –0.05 ... 583,500 32,200 21.39 8.75 LifeTime LTH ... 61 19.33 –1.46 ... 29.95 16.56 MesabiTrust MSB 8.9 52 21.23 –1.98 .84
242.68 136.16 Group1Auto GPI .7 5 220.29 –4.19 .45 1.88 0.73 LightInTheBox LITB ... dd 1.31 +0.05 ... 1.90 0.70 MetaData AIU ... dd 1.05 ... ...
12.50 0.18 GroveCollab GROV ... dd .49 ... ... 89.00 2.91 Lightng eMotors ZEV ... 1 4.18 –0.27 ... 10.30 9.65 MetalsAcqn MTAL ... dd 10.25 –0.02 ...
200.85 126.01 GpoAeroportuar PAC 3.7 ... 177.24 –0.333.3121
578,000 31,000 28.35 12.52 Lightspeed LSPD ... dd 14.11 +0.98 ... 51.38 33.91 MethodeElec MEI 1.4 18 40.96 –0.03 .14
Breadth 585,611
314.48 179.01 GpoAeroportSur ASR 2.7 16 282.11 –4.214.5984 434.20 283.00 EliLilly LLY 1.1 69 427.81 +31.95 1.13 77.36 52.83 MetLife MET 3.8 25 54.66 –6.67 .52
4.93 1.96 GpoAvalAcc AVAL 3.4 15 2.52 +0.07.0161 572,500 29,800 59.16 18.74 LincolnNational LNC 8.8 dd 20.46 –1.27 .45 91.29 13.98 MetropolitanBk MCB ... 4 23.08 –9.01 ...
3.22 1.20 GpoSupervielle SUPV 1.4 dd 2.13 –0.10.0151 373.58 262.47 Linde LIN 1.4 41 366.37 –3.081.275 1615.97 1065.55 Mettler-Toledo MTD ... 36 1424.99 –66.51 ...
10.39 4.38 GrupoTelevisa TV ... dd 4.84 –0.22 ... 567,000 28,600 183.08 116.77 Lindsay LNN 1.1 17 122.15 +1.41 .34 190.17 138.68 MidAmApt MAA 3.7 27 152.39 –1.411.40
37.89 22.12 GuarantyBcshrs GNTY 4.0 7 23.20 –0.91 .23 6.09 1.68 LionElectric LEV ... 26 2.29 +0.07 ... 36.25 21.00 MillerIndustries MLR 2.1 19 33.65 +1.05 .18
24.15 14.27 Guess GES 4.9 8 18.23 –0.62.225 J J A S O N D J F M A M 13.58 5.46 LionsGate A LGF.A ... dd 10.90 –0.60 ... 73.57 49.38 MineralsTechs MTX .3 17 61.21 +1.95 .05
83.14 52.08 Guidewire GWRE ... dd 76.90 +0.71 ... In generating this chart, we subtract each day's NYSE composite declines from that day's advances. The resultant total is 12.61 5.19 LionsGate B LGF.B ... dd 10.14 –0.53 ... 9.53 5.40 MirionTech MIR ... dd 8.49 +0.39 ...
12.91 7.18 GuildHldgs GHLD ... 2 9.91 –0.11 ... added to the next day's total, and so on. When all five days' numbers are added together, this produces the weekly figure we 314.83 180.00 LithiaMotors LAD .9 5 216.32 –4.57 .50 14.05 7.80 MisterCarWash MCW ... 30 8.97 +0.15 ...
108.10 60.15 GulfportEnergy GPOR ... 1 90.53 +0.07 ... plot. Dec. 31, 1985 =1000. 33.10 17.58 LithiumAmericas LAC ... dd 19.90 –0.08 ... 8.31 3.38 MistrasGroup MG ... 32 7.30 –0.82 ...
99.66 64.25 LiveNationEnt LYV ... cc 77.16 +9.38 ... 7.71 4.31 MitsubishiUFJ MUFG 2.9 26 6.29 +0.01.1021
H 44.31 17.31 LiveOakBcshs LOB .6 7 21.60 –1.96 .03 10.67 6.75 MiX Telematics MIXT 2.3 30 7.71 –0.04.0574
294.02 164.47 HCA Healthcare HCA .9 14 278.06 –9.27 .60 –52-Week– Tick Div –52-Week– Tick Div 10.63 9.55 LiveOakCrestA LOCC ... dd 10.16 +0.01 ... 3.30 2.10 MizuhoFin MFG 3.1 8 2.96 +0.05.0541
73.16 27.65 HCI Group HCI 3.2 dd 49.72 –0.94 .40 High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. 10.44 9.64 LiveOakCrestview LOCC.UT ... ... 10.20 +0.02 ... 43.18 20.95 ModelN MODN ... dd 30.00 –0.80 ...
71.76 50.61 HDFC Bank HDB .9 22 67.02 –2.78.5805 57.61 20.99 HysterYaleMatls HY 2.4 dd 53.61 +0.95.3225 7.15 3.15 JobyAviation JOBY ... dd 4.49 +0.16 ... 36.38 18.26 Livent LTHM ... 14 23.19 +1.34 ... 26.90 7.76 ModineMfg MOD ... 15 20.01 –0.90 ...
66.19 37.12 HF Sinclair DINO 4.7 3 38.38 –5.73 .45 126.26 81.59 JohnBeanTech JBT .4 26 105.66 –3.05 .10 30.74 15.37 LiveRamp RAMP ... dd 23.80 –0.29 ... 19.25 9.61 Modiv MDV 9.2 dd 12.50 +1.50.0958
I 183.35 150.11 J&J JNJ 2.9 34 162.68 –1.02 1.19 12.27 4.20 LiveWire LVWR ... dd 7.67 –0.08 ... 50.23 33.12 Moelis MC 6.9 28 34.98 –2.90 .60
10.68 9.78 HH&L Acqn HHLA ... 30 10.40 +0.02 ...
39.44 24.61 HNI HNI 5.1 9 25.22 –0.76 .32 69.60 45.52 JohnsonControls JCI 2.3 34 62.09 +2.25 .36 2.63 1.70 LloydsBanking LYG 4.8 ... 2.31 –0.11.0385 152.54 87.02 MohawkInds MHK ... dd 100.22 –5.68 ...
23.75 17.07 ICICI Bank IBN .5 19 22.95 +0.20.1124
40.79 24.08 HP HPQ 3.5 12 30.13 +0.42.2625 210.65 123.00 JonesLang JLL ... 13 135.52 –3.52 ... 3.02 1.25 loanDepot LDI ... dd 1.70 –0.13 ... 374.00 249.78 MolinaHealthcare MOH ... 20 299.53 +1.64 ...
12.53 5.91 ICL Group ICL 2.5 4 6.10 –0.08.1383
39.63 24.77 HSBC HSBC 4.2 7 38.20 +2.15 .50 10.08 2.55 JumiaTech JMIA ... dd 2.85 +0.03 ... 6.21 0.30 LocalBounti LOCL ... dd .46 –0.07 ... 97.70 53.76 MolsonCoorsA TAP.A 2.5 dd 66.01 +5.51 .41
115.92 93.53 IDACORP IDA 2.8 21 110.97 –0.15 .79
6.50 1.64 HUYA HUYA ... dd 3.17 –0.08 ... 10.78 9.88 JuniperII A JUN ... 18 10.37 +0.07 ... 508.10 373.67 LockheedMartin LMT 2.6 21 455.54 –8.913.00 66.67 46.69 MolsonCoorsB TAP 2.5 dd 64.89 +5.41 .41
35.18 21.68 IDT IDT ... 18 33.06 –0.15 ...
91.39 48.67 Haemonetics HAE ... 44 82.25 –1.46 ... 34.53 25.18 JuniperNetworks JNPR 3.1 19 28.85 –1.30 .22 66.34 49.36 Loews L .4 13 58.62 +1.05.0625 81.90 7.50 MoneyLion ML ... dd 13.14 +3.84 ...
12.77 4.91 IHS Holding IHS ... dd 9.35 –0.30 ...
13.58 7.23 Hagerty HGTY ... dd 9.60 –0.41 ... 7.95 4.45 LomaNegra LOMA 4.0 cc 6.35 +0.23.6907 55.00 28.36 MontroseEnvl MEG ... dd 30.65 +0.19 ...
14.72 8.14 ING Groep ING 4.6 ... 12.43 +0.05.1737 K
9.05 5.59 Haleon HLN .7 31 8.79 –0.08.0577 76.89 48.20 LouisianaPacific LPX 1.6 10 61.88 +2.14 .24 335.91 230.16 Moody's MCO 1.0 41 304.64 –8.48 .77
3.53 0.64 INNOVATE VATE ... dd 2.69 –0.17 ...
43.99 23.30 Halliburton HAL 2.1 14 29.88 –2.87 .16 223.31 170.12 Lowe's LOW 2.0 21 205.81 –2.02 1.05 102.69 70.25 Moog A MOG.A 1.2 17 91.28 +1.17 .27
20.56 13.20 Invesco IVZ 4.8 12 16.57 –0.56 .20 17.66 11.15 KAR Auction KAR ... dd 14.83 +1.29 ...
14.93 9.18 HamiltonBeach HBB 4.2 6 9.98 –0.03 .105 7.05 1.26 LufaxHolding LU 11.4 3 1.72 +0.02 .05 100.99 72.05 MorganStanley MS 3.7 15 84.88 –5.09 .775
249.11 165.75 IQVIA IQV ... 34 188.52 +0.29 ... 49.17 30.14 KB Financial KB 4.0 4 37.59 +0.30.3829
13.28 4.31 Hanesbrands HBI .0 dd 4.42 –0.82 .15 12.54 2.06 LumenTech LUMN .0 dd 2.28 –0.09 .25 66.60 37.70 Mosaic MOS 2.0 5 39.11 –3.74 .20
7.10 3.16 IRSA IRS ... 3 5.35 –0.17 ... 44.96 24.78 KB Home KBH 1.4 5 44.04 +0.22 .15
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46.24 21.56 HannonArmstrong HASI 6.0 cc 26.18 –2.20.395 2.72 1.53 LumentFinance LFT 14.9 14 1.61 –0.23 .06 10.75 9.81 MotiveCapII A MTVC ... cc 10.48 +0.01 ...
95.18 63.77 ITT ITT 1.4 18 84.13 –0.31 .29 59.99 41.96 KBR KBR .9 26 58.56 +1.83 .135
149.91 115.26 HanoverIns THG 2.7 dd 119.04 –0.52 .81 17.83 12.71 Luxfer LXFR 3.4 22 15.52 +0.27 .13 295.10 195.18 MotorolaSol MSI 1.3 35 281.56 –9.84 .88
3.34 0.92 IamGold IAG ... dd 3.24 +0.39 ... 21.08 9.09 KE Holdings BEKE ... dd 16.03 +0.34 ... 117.22 71.46 LyondellBasell LYB 5.2 10 92.40 –2.21 1.19 37.92 24.25 Movado MOV 5.5 6 25.48 –0.141.00
51.77 29.80 HarleyDavidson HOG 1.9 6 35.44 –1.66 .165 10.78 9.94 IconicSportsA ICNC ... 25 10.54 +0.01 ... 60.53 41.77 KKR KKR 1.2 dd 51.51 –1.56 .155
5.43 1.94 HarmonyGold HMY ... 31 5.21 +0.60 ... 76.00 50.05 MuellerIndustries MLI 1.6 6 74.48 +2.63 .30
246.23 172.19 IDEX IEX 1.1 27 210.93 +4.61 .60 20.72 10.06 KKR RealEstFin KREF16.7 dd 10.32 –0.42 .43 M 14.96 9.90 MuellerWater MWA 1.6 29 14.94 +1.54 .061
9.41 3.73 Harsco HSC ... dd 9.15 +2.28 ... 4.26 1.34 iHuman IH ... 11 3.25 +0.08 ... 4.90 1.06 KoreGroup KORE ... dd 1.15 –0.07 ...
79.44 60.17 HartfordFinl HIG 2.4 12 69.73 –1.26.425 193.42 109.36 M&T Bank MTB 4.4 9 118.58 –7.22 1.30 6.19 0.61 MultiPlan MPLN ... dd .79 –0.19 ...
253.37 173.52 IllinoisToolWks ITW 2.3 23 230.31 –11.63 1.31 15.23 11.12 KT KT 5.3 6 11.50 +0.20.7482 51.29 25.97 MurphyOil MUR 3.2 4 34.70 –2.01.275
38.85 22.77 HavertyFurn HVT 4.3 5 26.23 –3.91 .28 21.82 12.13 Imax IMAX ... dd 19.19 –1.76 ... 221.27 154.19 Kadant KAI .6 21 195.11 +9.28 .29 14.48 7.86 MBIA MBI ... dd 9.54 –0.52 ...
37.62 24.55 HavertyFurn A HVT.A 4.0 5 26.14 –4.33 .26 42.67 27.04 MDC Holdings MDC 4.8 6 41.42 +0.45 .50 323.00 217.39 MurphyUSA MUSA .5 11 291.88 +16.65 .37
5.25 2.77 IndependenceContr ICD ... dd 3.09 +0.03 ... 23.35 1.57 Kaleyra KLR ... dd 1.75 –0.09 ... 26.49 16.08 MyersIndustries MYE 2.8 13 19.37 +0.42 .135
44.01 33.18 HawaiianElec HE 3.7 18 38.99 –0.22 .36 24.17 14.55 IndepRealty IRT 3.3 74 16.94 +0.29 .14 38.51 18.88 Kaman KAMN 3.5 dd 22.54 +0.47 .20 32.53 24.92 MDU Rscs MDU 3.0 16 29.32 +0.10.2225
11.04 9.70 HawksAcqnA HWKZ ... cc 10.20 +0.04 ... 10.77 9.81 InfiniteAcqnA NFNT ... cc 10.48 –0.11 ... 77.17 63.74 Kellogg K 3.4 29 70.35 +0.58 .59 14.93 7.15 MFA Financial MFA 13.6 dd 10.30 –0.39 .35 N
16.49 7.97 Hayward HAYW ... 24 12.39 +0.35 ... 10.67 9.99 InFinTAcqnA IFIN ... dd 10.66 –0.01 ... 68.15 40.65 Kemper KMPR 2.7 dd 45.53 –3.12 .31 15.76 11.38 MGIC Investment MTG 2.7 5 14.77 –0.10 .10
30.76 18.00 HealthcareRealty HR 7.0 cc 20.13 +0.35 .31 23.87 13.29 Informatica INFA ... dd 14.51 –0.95 ... 30.60 20.21 Kennametal KMT 3.0 18 26.93 +0.97 .20 46.37 26.41 MGM Resorts MGM .0 9 43.14 –1.78.0025 63.19 30.19 NACCO Inds NC 2.6 3 32.52 –3.60.2075
31.08 20.21 HealthpeakProp PEAK 5.6 22 21.48 –0.49 .30 20.60 14.71 Infosys INFY 1.6 21 15.25 –0.29.2013 21.97 13.97 KennedyWilson KW 6.4 33 14.98 –1.80 .24 68.53 34.33 MI Homes MHO ... 4 67.37 –0.27 ... 13.92 8.12 N-able NABL ... cc 12.57 –0.18 ...
10.86 9.88 HeartlandMediaA HMA ... 24 10.46 +0.02 ... 19.49 4.45 MinisoGroup MNSO .0 33 16.73 –1.71 .152 35.47 18.06 NCR NCR ... 37 22.78 +0.49 ...
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60.39 39.28 IngersollRand IR .1 37 59.17 +2.15 .02 59.75 25.84 KenonHoldings KEN 10.3 5 27.19 +0.872.79
7.00 3.41 HeclaMining HL .2 dd 6.12 +0.07.0025 90.81 59.35 Ingevity NGVT ... 11 60.57 –11.17 ... 10.91 9.98 KensingtonCapAcqnV KCGI.UT ... ... 10.58 ... ... 3.44 1.41 MOGU MOGU ... ... 2.59 +0.34 ... 4.03 1.00 NGL Energy NGL ... dd 2.76 –0.17 ...
177.55 126.95 Heico HEI .1 66 170.09 +1.45 .10 112.30 78.81 Ingredion INGR 2.6 13 108.40 +2.23 .71 10.57 9.85 KensingtonCapV A KCGI ... 12 10.49 ... ... 35.37 27.47 MPLX MPLX 9.1 9 33.99 –1.00 .775 24.43 7.33 NIO NIO ... dd 8.15 +0.28 ...
140.60 102.33 Heico A HEI.A .1 52 135.47 +1.24 .10 139.54 63.36 InnovativeIndProp IIPR 10.4 13 69.36 +0.811.80 27.03 25.25 Kenvue KVUE ... ... 26.50 +4.50 ... 42.84 20.21 MP Materials MP ... 17 20.67 –1.00 ... 10.71 5.75 NL Industries NL 4.7 9 5.93 –0.50 .07
4.60 0.19 Heliogen HLGN ... dd .29 ... ... 5.47 0.75 Innovid CTV ... dd .93 –0.01 ... 20.30 8.54 KeyCorp KEY 8.3 6 9.83 –1.43.205 13.90 7.03 MRC Global MRC ... 15 8.86 –0.88 ... 24.83 13.98 NOV NOV 1.3 19 15.56 –1.19 .05
73.64 48.27 HeliosTech HLIO .6 20 61.93 +1.79 .09 131.09 87.74 Insperity NSP 1.8 22 117.79 –4.67 .52 189.45 127.93 KeysightTech KEYS ... 23 143.66 –0.98 ... 146.33 108.75 MSA Safety MSA 1.4 dd 134.19 +4.44 .47 14.86 8.79 NOW DNOW ... 8 9.46 –1.21 ...
9.16 2.47 HelixEnergy HLX ... dd 7.01 –0.24 ... 282.31 142.74 InspireMedical INSP ... dd 277.19 +9.56 ... 67.01 26.70 KilroyRealty KRC 7.6 14 28.31 –0.93 .54 572.50 376.41 MSCI MSCI 1.2 43 473.65 –8.80 1.38 47.82 30.25 NRG Energy NRG 4.8 dd 31.28 –2.89.3775
54.59 30.45 Helm&Payne HP 3.1 11 32.24 –0.92.235 125.87 69.44 InstalledBldg IBP 1.1 14 117.16 –7.11 .33 10.59 9.99 KimbellTigerA TGR ... 89 10.56 –0.01 ... 91.93 71.33 MSC Industrial MSM 3.5 14 90.72 –0.01 .79 5986.96 3576.01 NVR NVR ... 12 5852.47 +12.47 ...
30.65 12.04 Herbalife HLF ... 6 14.07 –0.79 ... 45.56 24.00 InsteelInds IIIN .4 7 28.94 +1.41 .03 147.87 108.74 KimberlyClark KMB 3.3 25 145.18 +0.29 1.18 10.56 9.44 M3-Brigade II A MBAC ... 15 10.09 –0.01 ... 10.56 9.95 NaborsEnerA NETC ... cc 10.52 –0.01 ...
162.47 83.43 HercHoldings HRI 2.5 9 100.50 +0.48.6325 31.47 15.68 Instructure INST ... dd 25.09 –1.44 ... 24.27 17.34 KimcoRealty KIM 4.9 78 18.81 –0.38 .23 10.39 9.85 M3-BrigadeIII A MBSC ... dd 10.36 –0.03 ... 193.88 91.11 NaborsIndustries NBR ... dd 97.10 –2.64 ...
17.34 10.94 HerculesCapital HTGC11.9 17 13.10 –0.14 .08 86.18 50.05 IntegerHoldings ITGR ... 41 82.25 –0.10 ... 20.20 15.78 KinderMorgan KMI 6.6 15 17.04 –0.11.2825 16.41 8.38 MV Oil MVO 19.9 5 10.76 –0.85.345 50.00 26.48 NatlBankHoldings NBHC 3.4 11 29.07 –2.73 .25
4.05 1.12 HeritageInsurance HRTG 6.4 dd 3.76 +0.53 .06 10.90 9.94 IntegratedRailA IRRX ... 32 10.59 +0.01 ... 44.99 26.32 Kinetik KNTK10.2 22 29.37 –1.43 .75 15.90 4.38 Mytheresa MYTE ... dd 4.50 –0.41 ... 75.97 51.67 NationalFuelGas NFG 3.5 9 54.12 –1.78.475
12.15 5.76 HershaHospitality HT 3.2 2 6.26 –0.04 .05 10.85 9.93 IntegratedWellA WEL ... cc 10.62 +0.04 ... 10.60 5.15 KingswayFin KFS ... 6 8.59 –0.09 ... 14.51 7.40 Macerich MAC 6.8 dd 10.01 +0.02 .17 77.94 47.22 NationalGrid NGG 4.2 13 73.24 +1.591.0307
276.88 201.42 Hershey HSY 1.5 33 275.33 +2.271.036 113.07 88.60 ICE ICE 1.6 42 108.31 –0.62 .42 5.50 3.00 KinrossGold KGC 2.3 dd 5.32 +0.27 .03 25.12 14.48 Macy's M 4.3 4 15.37 –0.97.1654 67.16 47.54 NatlHealthInv NHI 7.3 33 49.30 –0.47 .90
160.52 90.34 Hess HES 1.3 20 136.30 –8.76.4375 72.10 47.06 InterContinentl IHG 2.0 33 68.73 –0.55.945 345.75 196.00 KinsaleCapital KNSL .2 42 328.43 +1.72 .14 35.00 28.27 MSG Ent MSGE ... ... 34.60 +2.33 ... 81.50 59.99 NatlPrestoInds NPK 1.5 23 68.62 +0.603.00
34.99 24.33 HessMidstream HESM 8.1 15 28.94 –0.40.5851 29.50 19.65 IntercorpFinSvcs IFS 5.3 6 22.31 –0.06 1.18 76.34 55.03 Kirby KEX ... 30 72.10 +0.26 ... 209.82 136.61 MSG Sports MSGS .0 61 206.33 +5.837.00 48.42 38.05 NatlRetailProp NNN 5.0 23 44.44 +0.94 .55
17.25 11.90 HewlettPackard HPE 3.4 22 14.11 –0.21 .12 153.21 115.55 IBM IBM 5.4 63 123.65 –2.76 1.66 23.10 16.42 KiteRealty KRG 4.4 cc 20.65 –0.07 .24 56.88 44.79 MagellanMid MMP 7.7 10 54.46 –1.341.0475 58.31 34.90 NatlStorage NSA 5.8 38 37.97 –0.58 .55
75.47 47.38 Hexcel HXL .7 41 72.27 +0.19 .125 135.17 81.53 IntlFlavors IFF 3.4 dd 96.45 –0.51 .81 64.35 42.50 Knight-Swift KNX 1.0 14 58.08 +1.76 .14 68.92 45.58 MagnaIntl MGA 3.4 35 53.98 +1.82 .46 7.46 3.61 Natura&Co NTCO ... dd 4.49 +0.10 ...
40.41 19.45 HighwoodsProp HIW 9.0 15 22.25 –0.67 .50 28.98 15.01 IntlGameTech IGT 2.9 20 27.49 –0.65 .20 11.30 9.87 KnightSwanA KNSW ... cc 10.44 +0.01 ... 20.64 8.18 Magnachip MX ... dd 8.71 –0.17 ... 15.00 9.11 NaturalGasSvcs NGS ... dd 10.49 +0.19 ...
53.54 36.16 Hillenbrand HI 1.9 16 46.98 +1.36 .22 49.32 30.69 IntlPaper IP 5.7 6 32.35 –0.76.4625 18.70 4.28 KnotOffshore KNOP 2.3 3 4.46 –0.32.026 30.31 18.01 MagnoliaOil MGY 2.1 5 19.83 –1.29 .115 19.36 8.00 NaturalGrocers NGVC 3.4 16 11.72 +0.93 .10
34.87 24.18 Hilltop HTH 2.0 18 31.56 +0.54 .16 53.25 17.89 IntlSeaways INSW 1.3 5 37.75 –2.07 1.88 20.25 11.57 Knowles KN ... dd 16.26 –0.62 ... 10.58 9.74 MagnumOpusA OPA ... 17 10.35 +0.09 ... 65.72 36.21 NaturalResPtrs NRP 6.0 4 50.39 –1.67 .75
51.81 32.12 HiltonGrandVac HGV ... 13 41.50 –1.30 ... 39.52 25.14 Interpublic IPG 3.5 15 35.59 –0.14 .31 57.19 19.19 Kohl's KSS 9.6 dd 20.80 –1.23 .50 45.67 31.66 MainStreetCap MAIN 6.7 12 40.33 –0.19 .23 12.22 4.40 Natuzzi NTZ ... dd 5.72 +0.72 ...
152.89 108.41 Hilton HLT .4 32 144.61 +0.59 .15 74.66 20.82 IntrepidPotash IPI ... 6 20.92 –4.86 ... 26.34 11.75 Philips PHG 3.7 dd 21.15 +0.03.9387 27.34 10.41 ManchesterUnited MANU .9 dd 19.07 –0.98 .09 7.80 4.71 NatWest NWG 5.0 7 6.63 ....3958
6.50 4.93 HimalayaShipping HSHP ... ... 5.81 +0.02 ... 20.20 7.53 Manitowoc MTW ... dd 15.50 +0.21 ... 3.17 1.20 Nautilus NLS ... dd 1.23 –0.10 ...
32.93 20.82 InvenTrust IVT 3.8 35 22.80 +0.25.2155 53.83 30.98 KontoorBrands KTB 4.7 10 41.01 –4.16 .48
12.31 2.72 Hims&HersHealth HIMS ... dd 12.04 +0.45 ... 94.46 64.00 Manpower MAN 3.9 10 70.38 –5.33 1.36 15.21 9.81 NavigatorHldgs NVGS ... 19 12.78 –1.03 ...
18.10 9.48 InvescoMtg IVR 15.9 dd 10.08 –0.53 .40 38.42 20.11 Koppers KOP .7 11 33.17 +0.36 .06
44.00 11.30 Hippo HIPO ... dd 18.43 +0.19 ... 20.40 14.92 ManulifeFinl MFC 4.5 7 19.79 +0.04.2703 3.84 1.53 NaviosMaritime NM ... dd 1.89 –0.02 ...
9.00 1.17 Invitae NVTA ... dd 1.54 +0.18 ... 9.50 5.76 KoreaElecPwr KEP ... dd 7.33 +0.31 ...
18.66 6.88 HireRight HRT ... 5 9.80 –0.80 ... 33.42 19.42 MarathonOil MRO 1.6 6 22.93 –1.23 .10 99.49 72.94 Nelnet NNI 1.1 9 94.30 –2.00 .26
40.20 28.52 InvitatHomes INVH 3.0 68 34.39 +1.02 .26 66.65 44.69 KornFerry KFY 1.3 10 47.46 –0.56 .15
12.68 1.88 Holley HLLY ... 4 2.32 –0.09 ... 138.83 77.62 MarathonPetrol MPC 2.8 3 106.90 –15.10 .75 4.44 1.59 NerdyA NRDY ... dd 2.85 –1.12 ...
8.61 3.04 IonQ IONQ ... dd 5.90 +0.39 ... 8.55 4.64 KosmosEnergy KOS ... 14 6.39 –0.01 ...
20.00 15.12 HollyEnergy HEP 8.5 9 16.39 –0.27 .35 44.40 29.26 Marcus&Millichap MMI 1.6 12 31.26 –0.21 .25 21.48 17.07 Netstreit NTST 4.4 cc 18.03 –0.19 .20
57.21 43.33 IronMountain IRM 4.4 28 56.39 +1.15.6185 55.83 41.82 Kroger KR 2.1 16 49.23 +0.60 .26
26.20 19.82 HomeBancShares HOMB 3.4 12 20.96 –0.81 .18 18.23 13.41 Marcus MCS 1.2 dd 16.54 –0.98 .05 56.31 26.62 Nevro NVRO ... dd 27.08 –2.19 ...
3.38 0.20 IronNet IRNT ... dd .30 +0.02 ... 19.78 8.05 KronosWorldwide KRO 8.9 9 8.53 –0.77 .19
347.25 264.51 HomeDepot HD 2.9 17 289.62 –10.922.09 14.45 1.11 MariaDB MRDB ... 5 1.23 –0.01 ... 55.84 38.07 NewJerseyRscs NJR 3.1 17 50.88 –0.76 .39
6.07 3.90 ItauUnibanco ITUB ... 9 5.22 +0.07 ... 3.42 0.33 KukeMusic KUKE ... dd .81 –0.04 ...
27.40 21.44 HondaMotor HMC 2.9 9 26.75 +0.17.4426 14.86 7.75 MarineProducts MPX 3.9 11 14.36 +0.59 .14 46.74 9.29 NewOrientalEduc EDU ... dd 41.32 –4.27 ...
17.21 7.93 Kyndryl KD ... dd 14.37 –0.09 ...
42.24 30.61 HoraceMannEdu HMN 4.0 dd 33.15 +1.87 .33 J 45.84 25.60 MarineMax HZO ... 4 28.88 –0.24 ... 80.88 41.66 NewRelic NEWR ... dd 72.33 +0.86 ...
53.46 37.78 HormelFoods HRL 2.7 23 41.20 +0.76.275 L 1458.56 1064.09 Markel MKL ... 66 1352.13 –16.40 ... 11.02 5.81 NY CmntyBcp NYCB 6.8 3 10.06 –0.63 .17
111.25 59.25 DR Horton DHI .9 7 108.12 –1.70 .25 26.95 13.37 JBG SMITH Prop JBGS 6.2 22 14.61 +0.34.225 3.39 0.71 Markforged MKFG ... dd .81 –0.17 ... 42.40 27.59 NYTimes A NYT 1.1 38 39.96 +0.21 .11
102.36 74.18 HoulihanLokey HLI 2.4 23 87.31 –4.07 .53 19.51 8.38 JELD-WEN JELD ... 24 12.23 –0.55 ... 139.89 89.28 LCI Inds LCII 3.6 7 115.15 +2.19 1.05 165.85 110.08 MarriottVacations VAC 2.2 14 129.82 –4.74 .72 404.60 280.28 NewMarket NEU 2.3 12 397.62 –1.982.25
77.32 33.20 Hovnanian HOV ... 3 74.84 +1.07 ... 30.36 15.26 J.Jill JILL ... 8 23.09 –1.64 ... 7.09 4.08 LG Display LPL .0 dd 5.65 +0.03 .231 182.43 143.33 Marsh&McLen MMC 1.3 28 179.36 –0.83 .59 73.18 37.45 Newmont NEM 3.3 dd 48.72 +1.32 .40
91.84 50.90 HowardHughes HHC ... 21 76.64 –0.73 ... 144.34 101.28 JPMorganChase JPM 2.9 10 136.74 –1.501.00 13.05 3.06 LL Flooring LL ... dd 3.55 +0.26 ... 401.90 284.99 MartinMarietta MLM .7 26 397.66 +34.46 .66 4.91 2.38 NewparkResources NR ... dd 3.92 –0.08 ...
45.70 29.84 HowmetAerospace HWM .4 38 44.00 –0.29 .04 89.10 48.80 Jabil JBL .4 11 77.27 –0.88 .08 22.23 8.15 LSB Inds LXU ... 4 8.82 –0.11 ... 58.18 42.33 Masco MAS 2.1 15 53.45 –0.06.285 9.68 4.27 NexaResources NEXA .0 dd 5.71 –0.29.1888
282.19 170.21 Hubbell HUBB 1.6 26 272.09 +2.77 1.12 10.72 9.79 JacksonAcqnA RJAC ... 25 10.35 +0.01 ... 45.49 31.90 LTC Properties LTC 6.8 11 33.48 +0.03 .19 94.98 65.71 MasoniteIntl DOOR ... 10 89.72 –1.69 ... 5.33 3.39 NexGenEnergy NXE ... dd 3.90 ... ...
468.88 245.03 HubSpot HUBS ... dd 444.21 +23.26 ... 49.60 23.56 JacksonFinl JXN 7.1 1 34.93 –1.08 .62 255.10 183.21 L3HarrisTech LHX 2.4 39 187.73 –7.42 1.14 103.50 62.36 MasTec MTZ ... cc 89.33 +0.52 ... 25.98 12.53 NexPointRealEst NREF14.5 dd 13.80 –0.12 .185
6.34 3.08 HudbayMinerals HBM .3 19 5.19 +0.18.0076 140.90 106.78 JacobsSolns J .9 24 119.13 +3.67 .26 11.92 8.81 LXP Industrial LXP 5.2 25 9.66 +0.26 .125 15.00 7.08 MasterBrand MBC ... ... 8.02 –0.05 ... 78.02 38.67 NexPointResidentl NXRT 3.9 dd 42.56 –0.37 .42
22.56 4.59 HudsonPacProp HPP 19.2 dd 5.22 –0.34 .25 28.27 17.25 JamesHardie JHX .9 22 23.22 +0.96 .30 33.06 21.92 La-Z-Boy LZB 2.6 7 28.38 –0.35.1815 390.00 276.87 Mastercard MA .6 38 384.66 +4.63 .57 4.12 1.82 Nextdoor KIND ... dd 2.01 –0.10 ...
571.30 410.87 Humana HUM .7 22 535.02 +4.53.885 31.30 19.09 JanusHenderson JHG 5.9 12 26.55 +0.60 .39 263.13 200.32 LabCorp.ofAmerica LH 1.3 20 223.86 –2.85 .72 73.78 41.17 MatadorRscs MTDR 1.3 5 44.70 –4.33 .15 91.35 67.22 NextEraEnergy NEE 2.5 22 75.51 –1.12.4675
260.02 188.51 HuntingIngalls HII 2.5 14 197.51 –4.15 1.24 12.24 7.95 JanusIntl JBI ... 13 9.30 +0.30 ... 12.18 8.67 LadderCapital LADR 9.9 8 9.29 –0.06 .23 121.29 64.89 Materion MTRN .5 23 106.52 –1.79 .125 12.50 6.66 NexTierOilfield NEX ... 3 7.74 –0.34 ...
37.13 23.54 Huntsman HUN 3.6 12 26.64 –0.15.2375 40.68 24.72 JefferiesFin JEF 4.0 13 30.31 –1.72 .30 113.03 60.59 LambWeston LW 1.0 30 112.09 +0.28 .28 28.99 16.30 Mativ MATV 9.7 cc 16.56 –2.81 .40 86.48 51.76 NicoletBankshares NIC ... 13 56.85 –0.46 ...
125.07 70.12 HyattHotels H ... 22 116.30 +2.00 ... 2.22 1.05 JianpuTech JT ... dd 1.43 –0.06 ... 22.81 4.19 Lanvin LANV ... dd 5.18 +0.07 ... 95.52 56.51 Matson MATX 1.8 3 67.47 –0.56 .31 131.31 82.22 Nike NKE 1.1 37 126.59 –0.13 .34
4.71 1.22 Hyliion HYLN ... dd 1.68 +0.31 ... 76.92 38.43 JinkoSolar JKS ... 19 48.09 –1.52 ... 65.58 28.88 LasVegasSands LVS ... dd 61.65 –2.20 ... 12.78 8.27 MauiLand MLP ... cc 12.45 –0.04 ... 17.10 2.03 NineEnergy NINE ... 8 3.65 –0.21 ...
40 BARRON’S May 8, 2023

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
32.08 23.78 NiSource NI 3.5 19 28.54 +0.08 .25 21.49 12.35 Paragon28 FNA ... dd 18.50 +0.08 ... 128.94 82.23 RalphLauren RL 2.6 15 113.84 –0.95 .75 4.17 1.86 SequansComms SQNS ... ... 2.35 –0.44 ... 10.12 2.57 SuperGroup SGHC ... ... 3.66 +0.06 ...
21.98 11.78 NoahHoldings NOAH ... 7 15.07 –0.79 ... 9.45 3.90 ParamountGroup PGRE 6.9 dd 4.50 +0.17.0775 37.44 22.61 RangeResources RRC 1.3 3 25.30 –1.15 .08 14.52 4.90 SeritageGrowth SRG ... dd 7.67 +0.18 ... 7.38 2.88 SuperiorIndsIntl SUP ... dd 3.73 –1.18 ...
45.50 22.64 Noble NE ... 15 37.09 –1.36 ... 16.92 10.08 ParkAerospace PKE 3.9 33 12.72 –0.36 .125 12.04 8.50 RangerEnergySvcs RNGR ... 11 11.23 +0.03 ... 75.11 56.85 ServiceCorp SCI 1.7 21 65.08 –5.11 .27 11.50 7.46 Suzano SUZ 5.2 3 8.41 +0.44 .116
5.28 4.01 Nokia NOK 2.0 5 4.11 –0.08.0329 19.61 10.70 ParkHotels PK 3.2 12 12.94 +0.89 .15 13.24 2.86 Ranpak PACK ... dd 2.94 –1.14 ... 521.58 337.00 ServiceNow NOW ... cc 434.80 –24.62 ... 26.26 6.10 Sweetgreen SG ... dd 8.94 +1.00 ...
21.45 12.50 NomadFoods NOMD ... 13 19.48 +0.68 ... 364.57 230.44 ParkerHannifin PH 1.8 29 333.30 +8.42 1.48 126.00 82.00 RaymondJames RJF 1.9 11 86.20 –4.33 .42 93.83 42.71 ServisFirst SFBS 2.4 10 47.58 –2.92 .28 57.38 28.37 Sylvamo SLVM 2.2 17 45.20 –0.62 .25
4.23 3.00 Nomura NMR 3.6 17 3.52 –0.04.0324 50.15 34.46 Parsons PSN ... 50 44.51 +1.01 ... 9.84 2.44 RayonierAdvMatls RYAM ... dd 5.64 +0.20 ... 66.29 37.72 ShakeShack SHAK ... dd 65.53 +10.72 ... 40.89 26.59 SynchronyFin SYF 3.4 5 27.34 –2.17 .23
4.65 1.80 NordicAmTankers NAT 7.2 60 3.47 –0.06 .15 402.78 255.82 PaycomSoftware PAYC ... 51 272.63 –17.74 ... 42.05 27.81 Rayonier RYN 3.8 51 29.95 –1.41.285 1.87 0.27 Shapeways SHPW ... dd .37 +0.08 ... 44.91 25.33 SynovusFin SNV 5.4 5 28.06 –2.74 .38
27.72 14.03 Nordstrom JWN 5.0 10 15.28 –0.18 .19 18.25 6.75 Paymentus PAY ... ... 8.18 –0.05 ... 104.91 80.27 RaytheonTech RTX 2.4 26 96.58 –3.32 .59 62.75 44.90 Shell SHEL 3.4 5 61.13 –0.85 .575 90.74 70.61 Sysco SYY 2.6 25 76.77 +0.03 .50
264.22 196.33 NorfolkSouthern NSC 2.5 16 208.72 +5.69 1.35 34.68 11.29 Paysafe PSFE ... dd 13.95 –0.41 ... 15.45 9.36 ReadyCapital RC 15.6 6 10.26 –0.47 .40 280.84 195.24 SherwinWilliams SHW 1.0 28 230.84 –6.70.605 12.71 2.69 System1 SST ... dd 3.10 +0.22 ...
19.51 9.20 NorthAmConstr NOA 1.5 11 19.29 +0.04.0734 32.89 17.42 PeabodyEnergy BTU 1.3 2 22.81 –1.21.075 75.11 55.50 RealtyIncome O 4.9 44 62.95 +0.11.255 76.40 29.39 Shift4Paymts FOUR ... 63 62.19 –5.58 ...
T
20.55 10.03 NoEuroOil NRT 22.1 6 14.73 +0.99 1.05 47.00 8.00 PeakstoneRealty PKST .0 ... 17.26 –4.94.075 6.21 1.67 Redwire RDW ... dd 2.92 –0.31 ... 36.64 22.98 ShinhanFin SHG 3.6 4 26.94 +0.681.0794
39.10 21.45 NorthernOil&Gas NOG 4.3 2 31.83 –1.34 .37 12.03 8.84 Pearson PSO 2.5 26 10.32 –0.72.1815 10.44 5.47 RedwoodTrust RWT 16.2 dd 5.68 –0.60 .23 62.54 23.63 Shopify SHOP ... dd 62.03 +13.58 ... 10.45 2.81 TAL Education TAL ... dd 5.90 +0.04 ...
10.76 9.73 NorthernStrIII A NSTC ... 28 10.13 ... ... 24.30 12.37 PebblebrookHotel PEB .3 dd 14.62 +0.39 .01 162.89 108.28 RegalRexnord RRX 1.1 24 128.92 –1.24 .35 10.88 9.88 ShoulderUpTechA SUAC ... 91 10.36 –0.02 ... 59.38 36.79 TC Energy TRP 6.7 33 41.80 +0.26.6846
10.74 9.75 NorthernStrIV A NSTD ... 29 10.11 –0.04 ... 23.95 12.84 PediatrixMedical MD ... 11 13.69 –0.64 ... 49.30 24.38 RegionalMgmt RM 4.4 8 27.13 +0.37 .30 81.23 44.61 Shutterstock SSTK 2.1 23 51.63 –15.37 .27 15.38 6.52 TDCX TDCX ... 16 8.15 +1.12 ...
556.27 430.94 NorthropGrum NOC 1.5 14 446.81 –14.46 1.73 10.77 9.89 PegasusDigA PGSS ... 25 10.54 ... ... 24.33 13.94 RegionsFin RF 4.8 7 16.54 –1.72 .20 13.38 7.82 Sibanye-Stillwater SBSW 4.8 6 9.61 +0.66.2675 111.57 78.86 TD Synnex SNX 1.6 12 88.36 –0.68 .35
55.97 42.37 NorthwestNat NWN 4.1 17 47.05 +0.09.485 42.74 29.59 PembinaPipeline PBA 5.9 8 32.54 –0.39.4766 1.85 0.50 Regis RGS ... dd 1.11 –0.14 ... 83.42 48.31 SignetJewelers SIG 1.3 12 69.46 –4.12 .23 138.24 104.76 TE Connectivity TEL 1.9 19 122.94 +0.57 .59
18.89 10.31 NorwegCruise NCLH ... dd 14.13 +0.78 ... 7.45 4.70 PennantPark PNNT15.0 dd 4.93 –0.21 .185 153.35 109.06 ReinsGrp RGA 2.2 11 145.76 +3.44 .80 55.41 38.59 SilganHoldings SLGN 1.5 16 48.00 –1.26 .18 22.29 15.09 Tegna TGNA 2.3 6 16.39 –0.71.095
6.99 3.38 NouveauMonde NMG ... dd 3.66 –0.34 ... 73.79 38.53 PennyMacFin PFSI 1.4 10 58.48 –4.01 .20 264.42 160.29 RelianceSteel RS 1.6 9 243.56 –4.241.00 49.91 19.13 SilverBowRscs SBOW ... 1 22.60 –1.25 ... 25.50 18.85 Telus TU 4.8 24 21.04 –0.17.2676
105.56 74.09 Novartis NVS 2.2 32 104.72 +2.153.4694 16.60 10.78 PennyMacMtg PMT 13.6 dd 11.75 –0.68 .40 223.80 124.18 RenaissanceRe RNR .7 dd 206.30 –9.11 .38 10.05 9.95 SilverBoxIIIA SBXC ... ... 10.04 ... ... 31.52 17.22 TelusIntl TIXT ... 25 17.22 –2.64 ...
172.97 95.02 NovoNordisk NVO .8 43 163.24 –3.851.1887 155.36 94.49 PenskeAuto PAG 1.6 8 139.01 +0.43 .61 33.91 1.10 Renren RENN .0 dd 1.11 –0.1331.5585 115.71 1.10 SilvergateCapital SI ... dd 1.34 –0.01 ... 45.81 26.01 Ternium TX 6.9 4 39.28 –4.071.80
5.88 3.26 NuHoldings NU ... dd 5.46 +0.30 ... 60.85 38.55 Pentair PNR 1.5 19 57.87 –0.21 .22 40.44 25.35 RentokilInit RTO 1.0 56 39.83 +0.19.3169 12.00 4.37 Similarweb SMWB ... dd 5.82 –0.46 ... 128.93 71.63 TFI Intl TFII 1.3 12 106.20 –1.60 .35
47.84 29.96 NuSkinEnts NUS 4.0 25 38.87 –0.59 .39 311.20 114.87 Penumbra PEN ... cc 310.08 +25.96 ... 149.17 119.72 RepublicSvcs RSG 1.4 30 145.86 +1.24.495 133.08 86.02 SimonProperty SPG 6.6 17 109.55 –3.77 1.85 15.27 10.20 TIM TIMB 4.9 22 13.97 +0.05.0745
182.68 100.13 Nucor NUE 1.4 6 142.32 –5.86 .51 21.03 4.00 Perfect PERF ... dd 4.45 –0.55 ... 24.87 14.95 ResideoTech REZI ... 10 16.14 –1.66 ... 128.08 75.25 SimpsonMfg SSD .9 16 125.46 –0.32 .27 83.13 53.69 TJX TJX 1.7 26 78.50 –0.32.3325
15.85 7.62 NuScalePower SMR ... dd 8.06 –0.81 ... 63.22 38.23 PerformanceFood PFGC ... 36 62.01 –0.68 ... 247.65 189.40 ResMed RMD .8 40 231.65 –9.31 .44 9.68 4.07 SiriusPoint SPNT ... dd 9.11 +0.42 ... 11.03 5.14 TPG RE Fin TRTX 17.1 dd 5.61 –1.52 .24
17.75 12.80 NuSTAREnergy NS 10.5 13 15.18 –0.90 .40 12.46 6.58 PerimeterSolns PRM ... 23 7.31 –0.17 ... 73.24 46.68 RestaurantBrands QSR 3.1 22 71.58 +1.45 .55 165.32 97.36 SiteOneLandscape SITE ... 34 152.98 +5.24 ... 25.00 21.03 TXO Energy TXO ... dd 22.63 +0.36 ...
104.65 63.07 Nutrien NTR 3.3 5 65.04 –4.36 .53 170.00 113.46 PerkinElmer PKI .2 29 129.87 –0.62 .07 33.88 17.02 Revolve RVLV ... 27 18.29 –2.36 ... 33.65 19.31 SitioRoyalties STR 9.5 14 25.18 –0.21 .60 98.99 59.43 TaiwanSemi TSM 1.7 13 84.97 +0.67.3597
4.97 1.52 NuvationBio NUVB ... dd 1.67 +0.06 ... 27.77 12.37 PermianBasin PBT 4.7 21 24.62 +0.68.0268 36.31 26.05 RexAmerRes REX ... 18 28.30 +0.01 ... 35.11 16.83 SixFlags SIX ... 17 22.44 –1.83 ... 17.15 12.28 TakedaPharm TAK 3.4 26 16.87 +0.28.3012
46.66 29.19 nVentElectric NVT 1.7 16 41.74 –0.19 .175 12.05 5.08 PermianRscs PR 2.0 6 10.19 –0.26 .05 73.42 48.74 RexfordIndlRealty REXR 2.7 60 56.69 +0.92 .38 54.36 31.28 SkechersUSA SKX ... 20 51.84 –1.35 ... 25.49 11.67 TalosEnergy TALO ... 3 13.40 –0.23 ...
5.79 2.02 PermianvilleRT PVL 17.0 7 2.66 +0.01 .03 10.40 9.72 RiceAcqnII A RONI ... cc 10.30 –0.03 ... 8.71 4.10 SkeenaRscs SKE ... dd 7.22 +0.49 ... 20.27 13.26 Tanger SKT 5.1 24 19.30 –0.31.245
O 10.65 5.43 PermRock PRT 17.8 6 5.61 –0.75.0309 11.05 9.89 RigelResourceA RRAC ... 24 10.52 +0.03 ... 6.65 1.03 Skillsoft SKIL ... dd 1.19 –0.04 ... 47.48 26.39 Tapestry TPR 3.1 12 38.97 –1.84 .30
43.90 30.78 Perrigo PRGO 3.1 dd 35.74 –1.45 .273 80.89 25.32 RingCentral RNG ... dd 26.04 –1.52 ... 2.18 0.45 Skillz SKLZ ... dd .62 ... ... 80.40 55.56 TargaResources TRGP 2.8 19 71.88 –3.65 .50
30.52 22.34 OFGBancorp OFG 3.6 7 24.31 –1.26 .22 16.32 8.88 PetroleoBrasil PBR 58.4 2 10.82 +0.20.1706 80.52 50.92 RioTinto RIO 7.7 8 63.67 –0.322.25 76.82 43.04 SkylineChamp SKY ... 10 74.16 –0.01 ... 229.66 137.16 Target TGT 2.8 26 156.30 –1.451.08
42.91 33.28 OGE Energy OGE 4.4 18 37.75 +0.21.4141 15.04 7.86 PetroleoBrasilA PBR.A65.0 2 9.72 +0.231.1019 6.73 3.43 Riskified RSKD ... dd 4.66 –0.25 ... 6.59 2.03 SmartRent SMRT ... dd 2.68 +0.10 ... 40.16 22.89 TaroPharm TARO ... 22 27.37 +2.17 ...
23.52 11.60 O-I Glass OI ... 5 21.75 –0.72 ... 54.93 38.02 Pfizer PFE 4.3 8 38.49 –0.40 .41 72.73 48.72 RitchieBros RBA 1.9 20 56.91 –0.281.08 48.99 25.09 Smartsheet SMAR ... dd 39.13 –1.74 ... 43.20 20.05 TaylorMorrison TMHC ... 5 42.42 –0.67 ...
89.46 68.86 ONE Gas OGS 3.2 20 80.74 +3.79 .65 109.81 82.85 PhilipMorris PM 5.3 17 95.56 –4.41 1.27 11.61 1.81 RiteAid RAD ... dd 1.96 –0.14 ... 71.87 46.58 SmithAO AOS 1.7 45 70.38 +2.09 .30 16.40 4.62 Team TISI ... 0 4.90 –0.27 ...
71.57 50.50 ONEOK OKE 5.9 12 64.51 –0.90.955 113.53 74.02 Phillips66 PSX 4.5 4 93.44 –5.56 1.05 11.52 6.86 RithmCapital RITM12.7 14 7.88 –0.28 .25 33.09 21.78 Smith&Nephew SNN 2.3 62 32.04 –0.66.462 16.03 5.48 TechnipFMC FTI ... dd 14.25 +0.56 ...
13.14 6.95 ON24 ONTF ... dd 8.65 –0.05 ... 5.88 2.10 PhoenixNewMedia FENG ... dd 2.71 +0.43 ... 98.59 65.40 RobertHalf RHI 2.8 12 69.00 –4.00 .48 163.07 119.82 Smucker SJM 2.6 24 158.20 +3.79 1.02 49.34 24.72 TeckResourcesB TECK .8 11 43.61 –2.99.0917
77.13 54.30 OccidentalPetrol OXY 1.2 5 60.69 –0.84 .18 40.00 13.19 Phreesia PHR ... dd 29.88 –1.76 ... 53.88 21.65 Roblox RBLX ... dd 35.05 –0.55 ... 27.20 7.33 Snap SNAP ... dd 8.23 –0.48 ... 48.50 16.05 Tecnoglass TGLS .8 14 45.87 +2.02 .09
55.04 32.76 OccidentalPetrolWt OXY.WT ... ... 38.85 –1.35 ... 18.83 13.42 PhysiciansRealty DOC 6.3 33 14.52 +0.10 .23 11.38 5.97 RocketCos. RKT ... dd 8.45 –0.46 ... 265.02 190.08 Snap-On SNA 2.5 15 260.81 +1.40 1.62 6.75 2.54 Teekay TK ... 7 5.40 –0.25 ...
22.26 7.25 OceaneeringIntl OII ... 35 17.04 –0.69 ... 15.87 5.99 PiedmontOfficeA PDM 12.7 10 6.63 +0.12 .21 309.36 190.08 Rockwell ROK 1.7 25 283.42 +0.01 1.18 205.66 110.27 Snowflake SNOW ... dd 154.17 +6.09 ... 48.05 14.24 TeekayTankers TNK ... 6 37.67 –2.82 ...
37.17 20.51 OcwenFinancial OCN ... dd 28.88 +0.08 ... 81.63 59.03 PinnacleWest PNW 4.3 20 80.12 +1.66.865 53.00 36.23 RogersComm B RCI 3.0 18 49.25 –0.14 .367 115.76 60.21 SOQUIMICH SQM 11.1 5 67.70 +0.222.0024 20.65 14.31 TejonRanch TRC ... 34 16.92 –0.36 ...
5.69 0.38 Offerpad OPAD ... dd .47 ... ... 29.27 16.14 Pinterest PINS ... dd 21.01 –1.99 ... 273.17 98.45 Rogers ROG ... 32 164.10 +3.15 ... 9.63 3.08 SohoHouse SHCO ... dd 7.09 +0.56 ... 44.66 21.60 TeladocHealth TDOC ... dd 26.15 –0.38 ...
45.59 22.14 OilDriAmerica ODC 2.7 26 42.04 –0.34 .28 288.46 177.27 PioneerNatRscs PXD 10.9 8 212.22 –5.332.09 43.06 31.43 Rollins ROL 1.2 54 41.77 –0.48 .13 14.61 7.15 SolarisOilfield SOI 5.7 10 7.66 –0.02 .11 6.85 3.72 TelecomArgentina TEO 24.0 dd 5.17 +0.08.3139
10.47 3.51 OilStatesIntl OIS ... cc 6.98 –0.06 ... 162.20 102.60 PiperSandler PIPR 1.9 22 129.17 –6.27 .60 463.70 356.22 RoperTech ROP .6 42 458.12 +3.34.6825 12.79 7.51 SolarWinds SWI ... dd 8.79 +0.17 ... 448.71 325.00 TeledyneTech TDY ... 26 413.00 –1.40 ...
26.72 20.27 OldRepublic ORI 3.8 13 25.47 +0.20.245 4.97 2.30 PitneyBowes PBI 6.7 64 3.00 –0.51 .05 10.96 9.75 RossAcqnIIA ROSS ... 30 10.33 +0.02 ... 8.86 3.39 SoloBrands DTC ... dd 7.13 –0.86 ... 293.81 182.65 Teleflex TFX .5 34 257.95 –14.57 .34
67.25 41.33 Olin OLN 1.5 7 55.00 –0.40 .20 85.91 54.15 PlanetFitness PLNT ... 56 69.53 –13.61 ... 106.43 83.63 RoyalBkCanada RY 4.0 12 97.94 –1.37.9832 3.22 0.86 Sonendo SONX ... dd 1.25 –0.55 ... 11.04 6.49 TelefonicaBras VIV 7.3 18 8.31 +0.14.0281
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

14.08 5.74 Olo OLO ... dd 6.68 –0.17 ... 7.52 3.29 PlanetLabs PL ... dd 3.90 –0.18 ... 76.30 31.09 RoyalCaribbean RCL ... dd 75.61 +10.18 ... 62.26 34.17 SonicAutomotive SAH 2.9 64 40.61 –3.91 .29 5.38 3.10 Telefonica TEF 5.4 cc 4.39 –0.12.1553
33.71 25.61 OmegaHealthcare OHI 9.3 26 28.86 +2.10 .67 8.40 4.21 PlayAGS AGS ... dd 5.32 +0.04 ... 10.50 0.38 RubiconTech RBT ... dd .48 –0.02 ... 31.00 6.00 SonidaSrLiving SNDA ... dd 7.32 –0.15 ... 32.25 23.03 TelekmIndonesia TLK 2.7 20 28.60 –0.201.0389
96.78 61.31 Omnicom OMC 3.1 13 89.75 –0.82 .70 23.20 15.59 PlymouthIndREIT PLYM 4.3 dd 21.09 +0.85.225 6.78 2.77 RushStreetInt RSI ... dd 3.29 +0.18 ... 65.97 51.52 SonocoProducts SON 3.4 12 60.15 –0.47 .51 19.60 6.73 Telephone&Data TDS 9.3 dd 7.93 –2.07 .185
34.88 15.44 OnHolding ONON ... cc 33.91 +1.46 ... 123.87 91.86 Polaris PII 2.5 10 105.24 –3.41 .65 46.40 32.13 RyanSpecialty RYAN ... 74 42.15 +1.29 ... 95.70 61.72 Sony SONY .4 17 93.86 +4.19.2579 44.28 20.03 TempurSealy TPX 1.2 14 36.31 –1.16 .11
28.32 20.32 OneLiberty OLP 8.6 12 20.98 –1.04 .45 10.45 9.79 PontemA PNTM ... 26 10.44 +0.06 ... 102.36 65.69 RyderSystem R 3.0 5 82.85 +3.69 .62 80.57 60.71 Southern SO 3.7 24 74.94 +1.39 .70 11.16 9.71 10XCapIII A VCXB ... cc 10.35 +0.01 ...
23.00 4.50 OneConnectFin OCFT ... dd 4.96 –0.20 ... 56.37 41.58 PortlandGenElec POR 3.7 19 51.35 +0.73.475 41.89 18.68 RyersonHolding RYI 2.0 5 34.49 –3.28 .18 82.05 42.42 SoCopper SCCO 4.1 23 79.21 +2.381.00 38.00 22.24 Tenaris TS .0 5 27.31 –1.40 .68
46.99 28.77 OneMain OMF 11.2 6 35.76 –2.611.00 98.84 74.09 PostHoldings POST ... 14 90.14 –0.35 ... 97.29 70.47 RymanHospitality RHP 1.6 25 93.94 +4.281.00 10.90 9.86 SouthportAcqnA PORT ... 17 10.42 +0.02 ... 9.29 3.14 TencentMusic TME ... 22 7.31 –0.10 ...
89.75 56.02 OntoInnovation ONTO ... 19 86.32 +5.34 ... 10.59 9.65 PostHldgsA PSPC ... 38 10.17 +0.01 ...
S 46.80 28.81 SouthwestAir LUV 2.4 30 29.66 –0.63 .18 76.09 36.69 TenetHealthcare THC ... 18 69.35 –3.97 ...
16.77 10.82 Ooma OOMA ... dd 11.98 –0.32 ... 17.28 14.13 PostalRealty PSTL 6.3 99 15.04 –0.33.2375 95.62 53.79 SouthwestGas SWX 4.4 dd 56.27 +0.27 .62 80.52 54.90 Tennant TNC 1.4 18 78.31 +1.89.265
49.32 28.41 Oppenheimer A OPY 1.6 12 36.93 –0.46 .15 26.05 10.60 PowerSchool PWSC ... dd 16.49 –4.39 ... 137.32 78.22 SAP SAP 1.2 75 134.76 –0.512.1864 9.87 4.57 SouthwesternEner SWN ... 1 4.74 –0.45 ... 45.39 28.65 Teradata TDC ... cc 44.55 +5.84 ...
3.72 1.70 OppFi OPFI ... dd 2.06 +0.16 ... 87.36 44.60 PrecisionDrilling PDS ... 11 48.64 –1.09 ... 395.80 279.32 S&P Global SPGI 1.0 42 354.19 –8.39 .90 91.26 38.93 SpectrumBrands SPB 2.4 62 70.37 +3.87 .42 60.85 26.64 Terex TEX 1.3 9 47.87 +3.28 .15
97.31 60.78 Oracle ORCL 1.6 32 96.97 +2.25 .40 67.45 48.51 PrestigeCnsHlth PBH ... dd 60.76 –0.77 ... 10.51 9.72 SDCLEDGEAcqn SEDA ... 54 10.36 ... ... 33.32 18.00 SphereEnt SPHR ... dd 31.28 +3.14 ... 6.68 1.29 TerranOrbital LLAP ... dd 1.70 –0.08 ...
13.08 8.81 Orange ORAN 4.4 17 12.89 –0.13.3142 10.69 9.89 PrimeImpactI A PIAI ... 49 10.52 +0.03 ... 11.60 4.90 SeacorMarine SMHI ... dd 8.46 +0.12 ... 2.00 0.57 SpireGlobal SPIR ... dd .62 –0.08 ... 67.63 50.36 TerrenoRealty TRNO 2.6 24 62.29 +0.70 .40
16.40 7.95 OrchidIsland ORC 19.6 dd 9.82 –0.88 .16 195.69 110.22 Primerica PRI 1.4 19 182.12 –0.39 .65 78.86 61.52 Spire SR 4.1 15 69.56 +1.83 .72
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

39.09 20.96 Organon OGN 5.0 8 22.52 –2.11 .28 7.79 1.41 SES AI SES ... dd 1.49 –0.14 ... 5.82 2.43 TetraTech TTI ... 72 2.92 +0.07 ...
16.47 12.15 PrimoWater PRMW 2.2 55 14.32 –0.87 .08 11.60 8.43 SFL SFL 10.9 ... 8.83 –0.26 .24 38.55 21.14 SpiritAeroSys SPR .2 dd 24.54 –5.22 .01 11.45 6.78 TevaPharm TEVA ... dd 8.77 +0.04 ...
26.91 12.87 OrionEngCarbons OEC .3 14 25.00 +0.79.0207 28.20 15.90 PrimorisSvcs PRIM 1.0 10 24.44 –0.86 .06 8.25 3.12 SignaSports SSU ... dd 3.27 –0.04 ... 25.68 15.90 SpiritAirlines SAVE .0 dd 16.32 –0.78 .10 2739.00 1250.01 TexasPacLand TPL .9 25 1412.15 –65.503.25
3.35 2.10 OrionGroup ORN ... dd 2.61 +0.23 ... 24.74 16.90 ProAssurance PRA 1.1 dd 18.41 +0.45 .05 16.09 10.42 SITE Centers SITC 4.3 16 12.13 –0.21 .13 44.93 34.31 SpiritRealtyCap SRC 6.8 17 39.16 +0.70.663 36.97 25.47 Textainer TGH 3.4 6 34.97 –0.13 .30
13.74 5.61 OrionOffice ONL 6.3 dd 6.31 +0.17 .10 68.56 40.00 ProcoreTech PCOR ... dd 56.35 +2.94 ... 83.88 55.74 SJW Group SJW 2.0 29 76.65 +0.73 .38 145.88 69.29 Spotify SPOT ... dd 141.75 +8.15 ... 76.11 57.11 Textron TXT .1 16 66.15 –0.79 .02
97.26 68.78 Orix IX 3.3 8 85.94 +0.631.5643 158.11 122.18 Procter&Gamble PG 2.4 27 156.03 –0.35.9407 26.81 18.26 SK Telecom SKM 5.6 11 20.34 +0.58.7123 11.23 9.91 SpreeAcqn1 A SHAP ... dd 10.46 –0.05 ... 611.06 475.77 ThermoFisher TMO .3 36 546.38 –8.52 .35
101.81 67.28 OrmatTech ORA .6 73 84.99 –0.82 .12 149.87 106.95 Progressive PGR .3 92 129.52 –6.88 .10 69.35 19.06 SLGreenRealty SLG 14.4 dd 22.62 –1.05.2708 13.64 7.25 Sprinklr CXM ... dd 11.21 –0.75 ... 27.85 13.26 Thermon THR ... 21 21.26 +0.48 ...
8.08 2.05 OscarHealth OSCR ... dd 7.17 +0.44 ... 144.77 98.03 Prologis PLD 2.7 39 127.25 +2.00 .87 54.97 24.66 SM Energy SM 1.1 3 26.92 –1.16 .15 45.88 29.76 Sprott SII 2.9 52 34.95 –1.07 .25 133.56 91.55 ThomsonReuters TRI 1.6 50 119.76 –11.75 .49
106.66 69.30 Oshkosh OSK 2.2 20 75.97 –0.55 .41 7.77 4.03 PropertyGuru PGRU ... dd 4.50 –0.08 ... 24.99 2.54 SOS SOS ... dd 3.95 –0.17 ... 1.60 0.55 SprucePower SPRU ... dd .64 –0.06 ... 105.36 66.26 ThorIndustries THO 2.2 6 82.13 +3.11 .45
10.29 9.71 OsirisAcqn OSI ... 41 9.96 +0.01 ... 14.34 6.33 ProPetro PUMP ... 46 6.76 –0.18 ... 78.30 44.13 SPX Tech SPXC ... cc 74.10 +10.42 ... 33.41 14.43 Squarespace SQSP ... dd 27.48 –3.62 ... 13.52 7.02 3D Systems DDD ... dd 9.13 –0.03 ...
10.08 3.84 OsiskoDevelopment ODV ... dd 5.39 +0.02 ... 78.76 56.72 ProsperityBcshs PB 3.6 11 61.68 –0.94 .55 4.02 0.53 SQZ Biotech SQZ ... dd .64 –0.01 ... 51.26 31.11 St.Joe JOE 1.0 36 42.00 +0.90 .10 154.04 100.16 3M MMM 5.8 11 103.35 –2.87 1.50
17.96 9.20 OsiskoGold OR .9 cc 17.51 +1.25.0405 53.00 22.04 ProtoLabs PRLB ... dd 31.44 +2.67 ... 37.15 26.56 STAG Indl STAG 4.2 36 35.15 +1.28.1225 48.24 31.61 StandardMotor SMP 3.1 12 36.89 +0.88 .29 51.88 17.51 Tidewater TDW ... dd 43.19 –1.84 ...
87.33 62.49 OtisWorldwide OTIS 1.6 28 85.96 +0.66 .34 25.61 14.54 ProvidentFinSvcs PFS 6.1 7 15.78 –1.70 .24 10.45 9.82 ST Ener I A STET ... 15 10.44 ... ... 130.37 79.02 StandexInt SXI .9 12 129.27 +6.46 .28 10.35 6.65 Tilly's TLYS ... 23 7.73 +0.22 ...
32.15 3.21 Ouster OUST ... dd 4.16 +0.62 ... 110.96 75.37 PrudentialFin PRU 6.1 cc 82.05 –4.95 1.25 91.10 54.29 SabineRoyalty SBR 12.3 8 70.70 –4.43.499 127.31 70.24 StanleyBlackDck SWK 3.7 18 85.47 –0.87 .80 89.40 50.85 Timken TKR 1.6 14 76.79 –0.06 .31
23.55 14.48 OutfrontMedia OUT 8.0 22 14.93 –1.73 .30 34.37 18.20 Prudential PUK ... 40 30.26 –0.39 ... 5.12 2.35 SafeBulkers SB 5.5 3 3.61 –0.05 .05 61.61 40.92 Stantec STN 1.0 36 60.92 +0.87.1435 26.23 14.09 TimkenSteel TMST ... 16 17.29 +0.55 ...
4.02 1.90 OverseasShip OSG ... 13 3.92 +0.08 ... 70.08 52.51 PublicServiceEnt PEG 3.6 14 63.82 +0.62 .57 51.44 23.46 Safehold 11.1 dd 28.04 +0.32.3546 12.60 6.45 Starrett A SCX ... 5 10.14 –0.54 ... 19.81 9.23 TItanIntl TWI ... 4 10.06 +0.30 ...
63.30 32.26 Ovintiv OVV 3.5 2 34.69 –1.39 .30 357.13 270.13 PublicStorage PSA 4.1 13 295.91 +1.083.00 200.12 126.34 Salesforce CRM ... cc 197.59 –0.78 ... 4.53 2.60 Startek SRT ... dd 3.05 –0.24 ... 26.04 11.91 Toast TOST ... dd 18.43 +0.23 ...
38.25 11.79 Owens&Minor OMI ... 66 18.63 +3.09 ... 67.40 35.03 PulteGroup PHM 1.0 6 67.02 –0.13 .16 18.42 10.95 SallyBeauty SBH ... 8 11.67 –2.56 ... 24.44 16.06 StarwoodProp STWD11.5 9 16.76 –1.13 .48 64.89 39.53 Toll Bros TOL 1.3 6 63.48 –0.43 .21
108.67 72.97 OwensCorning OC 2.0 8 104.86 –1.95 .52 32.45 21.90 PureStorage PSTG ... cc 22.64 –0.19 ... 22.59 8.42 Samsara IOT ... dd 18.03 –0.02 ... 94.74 58.62 StateStreet STT 3.7 10 68.50 –3.76 .63 46.11 30.14 TootsieRoll TR .9 36 38.75 –2.13 .09
13.88 10.18 OwlRock ORCC10.6 11 12.51 –0.47 .33 10.85 9.95 PyrophyteAcqn PHYT ... 23 10.55 –0.03 ... 15.43 6.64 SanJuanBasin SJT 28.9 4 7.37 –0.25.1038 47.62 38.00 SteelPartners SPLP ... 5 42.37 +1.14 ... 227.08 140.66 TopBuild BLD ... 12 215.07 –10.41 ...
5.35 0.30 Owlet OWLT ... dd .32 +0.01 ... 55.29 18.91 Q2Holdings QTWO ... dd 22.35 –2.27 ... 29.28 12.62 SandRidgeEnergy SD ... 2 14.23 +0.06 ... 12.43 6.20 Steelcase SCS 5.2 26 7.62 –0.38 .10 25.96 16.80 TopgolfCallaway MODG ... 30 22.34 +0.17 ...
123.37 77.81 OxfordIndustries OXM 2.5 10 104.87 +1.68 .65 51.18 40.38 Qiagen QGEN ... 25 45.98 +1.37 ... 7.07 4.51 SandstormGold SAND 1.0 16 6.12 +0.37 .015 18.97 11.37 Stellantis STLA ... 3 16.30 –0.33 ... 117.66 71.86 Toro TTC 1.3 23 105.91 +1.65 .34
5.39 2.12 QuadGraphics QUAD ... dd 2.82 –0.67 ... 18.02 3.72 Stem STEM ... dd 4.45 +0.22 ...
PQ 28.00 20.16 SaratogaInvt SAR 10.0 12 24.34 –0.10 .69 77.15 55.43 TorontoDomBk TD 4.5 10 62.25 +1.62.7097
216.45 129.06 QuakerHoughton KWR .8 dd 208.64 +22.01.435 28.37 12.00 Sasol SSL 7.9 3 12.63 –0.39.3871 116.72 87.11 Stepan SCL 1.6 18 92.00 –0.20.365 8.29 2.19 Torrid CURV ... 8 3.73 +0.31 ...
49.00 24.63 PBF Energy PBF 2.5 1 32.01 –2.85 .20 27.04 18.00 QuanexBldg NX 1.6 8 19.72 +0.62 .08 52.94 32.13 SaulCenters BFS 7.0 21 33.67 –2.36 .59 236.10 159.21 Steris STE 1.0 dd 189.18 +0.63 .47 10.40 9.62 TortoiseEcoIII A TRTL ... 31 10.30 +0.01 ...
17.46 9.64 PG&E PCG ... 20 17.27 +0.16 ... 171.94 106.33 QuantaServices PWR .2 50 171.07 +1.43 .08 59.45 30.65 Schlumberger SLB 2.2 17 45.75 –3.60 .25 29.23 13.36 Stevanato STVN .2 48 26.85 +0.34.0546 65.05 44.61 TotalEnergies TTE ... 7 61.92 –2.01 ...
26.93 15.42 PGT Innovations PGTI ... 16 25.63 –0.03 ... 10.95 9.83 QuantumFin QFTA ... 23 10.25 +0.01 ... 30.93 20.26 SchneiderNatl SNDR 1.3 10 26.68 +0.51 .09 58.84 35.96 StewartInfo STC 4.3 12 42.05 +0.40 .45 11.13 7.05 TownsquareMedia TSQ 7.7 14 9.75 +0.29.1875
4.98 2.33 PHX Minerals PHX 3.4 6 2.63 –0.08.0225 15.19 5.11 QuantumScape QS ... dd 6.39 –0.61 ... 86.63 45.00 SchwabC SCHW 2.0 13 49.24 –3.00 .25 68.77 49.31 StifelFinancial SF 2.5 11 57.97 –2.00 .36 174.31 130.07 ToyotaMotor TM 2.6 10 137.54 +0.211.7621
83.17 59.61 PJT Partners PJT 1.6 20 62.19 –6.58 .25 2.18 0.69 Qudian QD ... dd 1.27 +0.01 ... 117.94 79.33 ScienceApplicat SAIC 1.5 19 101.08 –0.95 .37 53.53 28.35 STMicroelec STM .5 9 42.58 –0.30 .06 6.00 2.48 Traeger COOK ... dd 2.89 –0.15 ...
39.00 20.20 PLDT PHI 5.3 24 22.54 +0.93.2567 158.34 120.40 QuestDiag DGX 2.1 20 136.51 –2.30 .71 64.20 23.62 ScorpioTankers STNG 1.7 3 46.99 –5.26 .25 25.87 15.62 Stoneridge SRI ... dd 16.34 –2.49 ... 10.78 9.73 TrajectoryAlphaA TCOA ... cc 10.28 ... ...
176.47 111.84 PNC Fin PNC 5.2 8 116.18 –14.07 1.50 4.90 1.68 QuotientTech QUOT ... dd 2.86 +0.04 ... 108.00 39.06 ScottsMiracleGro SMG 4.0 dd 66.44 –0.37 .66 47.35 30.66 Stride LRN ... 16 41.18 –1.78 ... 196.22 120.64 TraneTech TT 1.7 23 176.81 –9.00 .75
49.60 43.43 PNM Resources PNM 3.0 25 48.39 +0.26.3675 R 10.34 6.11 ScullyRoyalty SRL 10.2 87 7.72 –0.35 .17 306.56 188.84 Stryker SYK 1.1 41 284.71 –14.94 .75 11.85 7.55 Transalta TAC 1.7 cc 9.52 +0.60.0404
80.03 36.53 POSCO PKX 1.7 9 72.46 +1.34 .971 10.62 9.87 SculptorAcqnIA SCUA ... 18 10.49 +0.01 ... 9.57 1.52 StudioCity MSC ... dd 6.16 –1.26 ... 47.76 34.96 TrancntlRlty TCI ... 1 35.38 –1.07 ...
145.51 107.06 PPG Ind PPG 1.8 26 138.03 –2.23 .62 264.94 152.90 RBC Bearings RBC ... 56 226.25 –0.76 ... 12.74 7.90 SculptorCapMgmt SCU 5.3 dd 8.50 +0.17 .06 69.90 49.50 SturmRuger RGR 3.7 13 54.09 –3.47 .32 779.45 499.63 TransDigm TDG .0 52 767.19 +2.1918.50
31.74 23.47 PPL PPL 3.3 29 28.75 +0.03 .24 10.79 9.90 RCF Acqn A RCFA ... 30 10.52 +0.03 ... 93.70 40.67 Sea SE ... dd 78.41 +2.24 ... 17.62 14.40 SuburbanPropane SPH 8.5 6 15.24 –0.48.325 7.74 2.32 Transocean RIG ... dd 6.16 +0.26 ...
31.60 12.11 ProgHoldings PRG ... 12 29.57 –0.66 ... 33.89 23.39 RELX RELX 2.1 29 30.55 –2.56.4661 17.37 10.03 SeabridgeGold SA ... dd 15.79 +1.75 ... 9.18 5.39 SumitomoMits SMFG 3.3 9 8.21 ....1407 12.78 4.58 TransportadGas TGS ... 9 11.75 +0.37 ...
10.45 9.85 ProofAcqnIA PACI ... cc 10.45 +0.01 ... 28.25 16.78 RE/MAX RMAX 4.8 78 19.11 –0.20 .23 45.48 22.00 SeaDrill SDRL ... 0 37.17 +0.79 ... 9.48 6.07 SummitHotelProp INN 3.6 dd 6.76 +0.32 .06 90.08 50.32 TransUnion TRU .6 47 64.69 –4.12 .105
31.67 18.09 PROS PRO ... dd 27.18 –1.19 ... 16.38 9.50 REV REVG 1.9 cc 10.61 –0.12 .05 66.06 41.15 SealedAir SEE 1.9 15 42.54 –5.45 .20 34.40 21.62 SummitMaterials SUM ... 13 29.87 +2.46 ... 53.80 33.57 Travel+Leisure TNL 5.0 8 35.93 –2.34 .45
13.78 8.75 P10 PX 1.2 42 10.14 –0.19 .03 351.53 207.37 RH RH ... 13 261.72 +6.59 ... 68.19 40.01 SeaWorldEnt SEAS ... 13 55.16 +1.50 ... 21.49 11.52 SummitMidstream SMLP ... dd 15.31 –0.02 ... 194.51 149.65 Travelers TRV 2.2 16 182.30 +1.161.00
94.51 43.49 PVH PVH .2 28 83.61 –2.20.0375 149.65 100.96 RLI RLI .8 10 137.30 –1.75 .27 9.84 5.52 SelectEnergySvcs WTTR 2.7 14 7.44 +0.01 .05 172.67 117.63 SunComms SUI 2.7 79 136.74 –2.19 .93 12.67 8.56 Tredegar TG 5.5 11 9.42 +0.04 .13
163.45 110.56 PackagingCpAm PKG 3.7 13 135.37 +0.11 1.25 14.33 9.27 RLJ Lodging RLJ 3.0 41 10.74 +0.64 .08 32.31 18.86 SelectMedical SEM 1.6 25 30.75 +0.25 .125 51.63 37.96 SunLifeFinancial SLF 4.4 12 48.66 –0.42.5455 54.58 30.06 TreeHouseFoods THS ... dd 54.26 +1.01 ...
35.33 19.51 PagerDuty PD ... dd 28.70 –1.36 ... 3.06 0.90 RLX Tech RLX ... 15 2.44 –0.02 ... 3.25 0.51 SelectQuote SLQT ... dd 1.35 +0.29 ... 10.43 5.72 SunCokeEnergy SXC 4.2 7 7.71 –0.07 .08 67.78 38.68 Trex TREX ... 34 55.23 +0.57 ...
19.49 7.51 PagSeguroDig PAGS ... 12 10.77 +0.93 ... 11.40 5.70 RPC RES 1.7 6 7.00 –0.39 .04 176.47 136.54 Sempra SRE 3.1 20 154.92 –0.57 1.19 42.72 26.43 SuncorEnergy SU 5.1 6 29.65 –1.67.3589 29.49 14.59 TriPointe TPH ... 5 29.30 +0.62 ...
11.62 5.92 PalantirTech PLTR ... dd 7.41 –0.34 ... 106.50 74.56 RPM RPM 2.1 20 81.21 –0.82 .42 15.00 7.16 Semrush SEMR ... dd 9.58 –0.08 ... 15.40 2.16 SunlandsTech STG .0 1 6.38 –0.92 .63 13.16 7.19 TriconRes TCN 2.9 3 8.06 +0.03.058
38.23 18.71 PampaEnergia PAM ... 5 34.13 –0.01 ... 13.00 7.28 RPT Realty RPT 6.1 12 9.24 –0.06 .14 20.98 10.50 SendasDistrib ASAI 1.9 12 10.61 –1.66.0358 4.89 0.25 SunlightFinl SUNL ... dd .40 –0.04 ... 95.61 60.61 TriNet TNET ... 17 91.51 –1.27 ...
24.86 13.40 PanAmerSilver PAAS 2.2 dd 18.12 +0.31 .10 25.50 14.75 RXO RXO ... 43 19.45 +1.36 ... 54.34 36.64 SensataTechs ST 1.2 17 41.56 –1.89 .12 31.47 12.46 SunnovaEnergy NOVA ... dd 15.75 –2.21 ... 31.68 20.07 TrinityIndustries TRN 4.8 26 21.53 –2.42 .26
30.49 12.91 ParPacific PARR ... 2 20.66 –2.77 ... 24.79 17.84 RadianGroup RDN 3.6 6 24.79 +0.52.225 89.34 63.17 SensientTech SXT 2.2 23 75.80 +1.34 .41 48.59 34.26 Sunoco SUN 7.7 12 43.75 –1.69.842 49.29 14.72 Trinseo TSE 3.2 dd 17.48 –0.64 .14
47.03 20.37 ParTechnology PAR ... dd 29.34 –1.25 ... 2.74 1.55 Rafael RFL ... dd 1.96 –0.14 ... 30.00 12.69 SentinelOne S ... dd 16.89 +0.82 ... 12.72 8.60 SunstoneHotel SHO 2.0 30 10.22 +0.69 .05 17.33 10.36 TripleFlagPrecMtl TFPM 1.2 49 17.22 +1.00 .05
May 8, 2023 BARRON’S 41

D ATA NYSE NASDAQ ISSUES B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
–2.03 .40
Five-Day Nasdaq Composite
16.19 9.41 TriplePtVent TPVG16.3 dd 9.84 24.48 16.73 Vishay VSH 1.9 7 21.54 +0.25 .10 A
10.59 9.76 TristarAcqnI TRIS ... 26 10.37 ... ... 45.69 27.03 VishayPrecision VPG ... 15 38.49 +0.95 ...
104.32 48.98 AAON AAON .5 47 103.26 +5.26 .12
83.82 48.64 TritonIntl TRTN 3.4 8 82.45 –0.22 .70 22.84 5.91 VistaEnergy VIST ... 5 20.41 –0.51 ...
22.04 12.24 AcadiaPharm ACAD ... dd 21.93 +0.60 ...
22.16 7.84 TriumphGroup TGI ... 7 10.12 –0.69 ... 41.06 22.97 VistaOutdoor VSTO ... dd 28.89 +4.79 ... 24.06 18.00 ACELYRIN SLRN ... ... 23.50 ... ...
19.91 11.09 Tronox TROX 3.9 4 12.74 –0.95 .125 27.39 20.76 Vistra VST 3.4 dd 23.42 –0.44.204 29.56 19.68 ACI Worldwide ACIW ... 29 24.34 –0.99 ... Overflowing the Banks: PacWest and other regional banks had a
25.72 14.20 TrueBlue TBI ... 11 15.18 +0.03 ... 120.86 39.74 VitalEnergy VTLE ... 1 44.45 –2.08 ... 3.90 1.68 AC Immune ACIU ... dd 2.09 +0.14 ...
52.22 25.56 TruistFinl TFC 7.2 6 28.69 –3.89 .52 20.99 13.90 VitesseEnergy VTS 11.3 ... 17.75 –0.65 .50 20.24 5.46 ACM Research ACMR ... 18 10.47 +1.12 ... wrenching week. Lyft sank. The Nasdaq Composite Index ended Friday at
24.78 8.40 TsakosEnergy TNP 1.8 3 16.60 –0.56 .15 132.15 91.53 VMware VMW ... 40 124.12 –0.91 ... 14.25 6.10 ACV Auctions ACVA ... dd 13.73 +0.70 ...
12.86 1.01 Tupperware TUP ... dd 1.09 –0.16 ... 28.45 16.55 Vontier VNT .4 19 27.79 +0.66.025 3.98 1.43 ADMA Biologics ADMA ... dd 3.46 +0.11 ... 12,235—up a bare 0.1% for the week.
5.44 2.33 TurkcellIletism TKC 2.9 6 4.16 –0.20.0826 36.82 12.53 VornadoRealty VNO 10.6 dd 14.21 –0.80 .375 25.47 8.59 Adtran ADTN 4.1 dd 8.75 –0.37 .09
30.84 18.81 TurningPoint TPB 1.2 59 22.25 –1.54.065 78.11 56.20 VoyaFinancial VOYA 1.1 15 70.44 –6.04 .20 18.00 0.65 AerwinsTech AWIN ... 1 .69 –0.04 ... Monday Tuesday Wednesday Thursday Friday
10.83 4.90 TutorPerini TPC ... dd 5.92 +0.62 ... 199.10 137.54 VulcanMatls VMC .9 43 193.57 +18.45 .43 19.00 10.83 AFC Gamma AFCG20.1 5 11.16 –0.96 .56
3.42 0.77 Tuya TUYA ... dd 2.08 +0.11 ... 12.89 7.30 AGNC Invt AGNC15.2 dd 9.47 –0.44 .12 12,300
115.50 41.00 Twilio TWLO ... dd 52.37 –0.24 ... W 11.15 9.89 AIBAcqnA AIB ... cc 10.59 –0.02 ...
10.88 9.76 TwinRidgeCapA TRCA ... 44 10.30 –0.01 ... 11.57 9.94 ALSPOrchidI A ALOR ... cc 10.35 +0.01 ...
9.16 3.57 W&T Offshore WTI ... 3 4.27 –0.10 ... 15.39 4.23 AlxOncology ALXO ... dd 6.37 +0.43 ...
11.00 9.74 twoA TWOA ... dd 10.17 +0.05 ...
21.84 11.74 TwoHarbors TWO21.6 dd 11.85 –2.08 .60
108.39 80.82 WEC Energy WEC 3.2 22 96.01 –0.16 .78 42.67 14.40 AMC Networks AMCX ... cc 15.06 –2.63 ... (Previous Friday Close)
12,200
204.06 125.00 WEX WEX ... 53 175.61 –1.74 ... 60.49 44.72 Amerisafe AMSF 2.4 20 56.53 +0.88 .34
425.81 281.11 TylerTech TYL ... cc 389.74 +10.71 ... 94.96 67.07 WNS WNS ... 28 77.71 –12.46 ... 40.93 23.71 A-MarkPrecMet AMRK 2.2 6 36.30 +0.50 .20
94.77 55.81 TysonFoods TSN 3.2 9 60.69 –1.80 .48 89.63 67.77 W.P.Carey WPC 5.8 21 73.24 –0.961.067 45.99 22.31 ANI Pham ANIP ... dd 39.14 +1.42 ...
U 64.07 39.67 WPP WPP 4.1 15 56.67 –1.241.4657 333.89 194.23 Ansys ANSS ... 48 301.68 –12.24 ... 12,100
30.10 12.81 WabashNational WNC 1.3 8 23.92 –1.75 .08 23.58 5.18 AN2 Therap ANTX ... dd 5.70 –2.15 ...
22.30 13.80 UBS Group UBS 2.8 10 19.72 –0.53 .55 107.86 78.26 Wabtec WAB .7 28 99.17 +1.50 .17 51.95 30.15 APA APA 3.0 5 33.22 –3.63 .25
50.65 37.18 UDR UDR 4.1 cc 41.33 ... .42 115.19 62.30 Walker&Dunlop WD 3.8 10 66.43 –0.88 .63 22.45 15.50 ARKRestaurants ARKR 2.8 7 18.17 +0.67 .125
9.23 2.80 ARS Pharm SPRY ... dd 6.31 –0.19 ... 12,000
44.54 29.61 UGI UGI 4.7 dd 30.50 –3.38 .375 12.50 2.44 Wallbox WBX ... ... 3.07 +0.34 ...
70.57 44.79 U-Haul UHAL .0 2 61.84 +0.78 .05 154.64 117.27 Walmart WMT 1.5 36 151.77 +0.80 .57 698.59 363.15 ASML ASML .8 36 650.32 +13.461.8386
68.29 47.22 U-Haul N UHAL.B .3 ... 54.85 +0.75 .04 22.35 9.50 WarbyParker WRBY ... dd 11.61 +1.08 ... 10.49 9.81 A SPAC II ASCB ... cc 10.49 +0.04 ... -13.99 -132.09 -55.18 -58.93 +269.01
14.27 3.55 AST Space ASTS ... dd 5.06 –0.25 ... 11,900
21.78 13.73 UMH Prop UMH 5.3 dd 15.57 +0.37.205 42.95 26.11 WarriorMetCoal HCC .7 3 38.75 +4.18 .07
2.64 0.88 ATA Creativity AACG ... dd 1.86 +0.06 ...
61.10 44.67 Unitil UTL 2.9 21 56.72 +1.13.405 148.20 113.50 WasteConnections WCN .7 43 140.82 +1.67.255 4.96 1.14 ATAI Life ATAI ... dd 2.01 +0.10 ... 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4
21.95 14.90 USA Compression USAC10.5 dd 20.02 –0.88.525 175.98 138.89 WasteMgt WM 1.7 31 168.43 +2.38 .70 50.45 34.74 ATN Intl ATNI 2.3 dd 36.74 +0.57 .21
76.58 48.61 UsanaHealth USNA ... 20 67.14 +0.77 ... 3.36 0.97 Waterdrop WDH ... 13 2.88 –0.04 ... 1.93 0.56 AVROBIO AVRO ... dd .70 –0.30 ...
32.41 14.80 US Cellular USM ... 52 17.24 –4.00 ... 369.00 265.61 Waters WAT ... 25 296.79 –3.57 ... 52-Week Tick Div 52-Week Tick Div
9.94 2.47 AXT AXTI ... 14 2.89 +0.22 ... High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
41.28 25.49 US Foods USFD ... 40 38.59 +0.19 ... 356.60 220.68 Watsco WSO 2.9 22 336.71 –9.672.45 18.07 12.48 Abcam ABCM ... dd 17.41 +1.12 ...
131.50 73.30 US PhysTherapy USPH 1.5 53 114.10 +7.64 .43 345.16 232.59 Watsco B WSO.B 2.9 23 340.59 –4.572.45 242.97 117.58 AlnylamPharm ALNY ... dd 212.05 +12.85 ... 86.80 1.24 Arcimoto FUV ... dd 1.54 +0.03 ...
14.97 5.42 AbCelleraBio ABCL ... dd 5.99 –0.79 ...
46.35 20.64 Alpha&Omega AOSL ... 25 24.10 +0.22 ... 18.87 7.85 ArcoPlatform ARCE ... 98 12.15 +1.25 ...
19.36 9.47 US Silica SLCA ... 7 12.48 –0.57 ... 181.40 116.31 WattsWater WTS .7 22 173.37 +11.64 .36 7.04 1.17 Absci ABSI ... dd 1.39 +0.07 ...
10.57 9.89 AlphaStarAcqn ALSA ... cc 10.57 +0.02 ... 29.10 11.70 ArcturusTherap ARCT ... cc 27.10 +0.48 ...
6.10 1.34 US Xpress USX ... dd 6.04 ... ... 10.70 9.62 WaverleyCap1 A WAVC ... cc 10.30 +0.06 ... 12.59 6.79 AbsoluteSftwr ABST 2.8 dd 8.57 +0.79.0595
0.21 0.05 AlphaStarRt ALSAR ... ... .09 ... ... 27.40 10.05 ArcutisBiotherap ARQT ... dd 14.56 +0.72 ...
6.35 2.84 UWM UWMC 6.9 13 5.83 –0.17 .10 76.35 28.11 Wayfair W ... dd 40.19 +5.36 ... 5.30 3.43 AcaciaResearch ACTG ... dd 3.89 +0.04 ...
14.85 1.76 AlphaTeknova TKNO ... dd 1.84 –0.05 ... 5.13 0.49 Ardelyx ARDX ... dd 4.61 +0.15 ...
38.35 19.90 Uber UBER ... dd 37.75 +6.70 ... 6.93 2.91 WeaveComms WEAV ... dd 5.28 +0.85 ... 69.02 25.10 AcademySports ASO .5 8 61.00 –2.52 .09
122.43 83.34 Alphabet A GOOGL ... 24 105.57 –1.77 ... 20.75 16.53 AresCapital ARCC10.5 14 18.21 –0.27 .48
350.63 195.54 Ubiquiti UI 1.2 35 201.57 –30.98 .60 56.46 31.03 WebsterFin WBS 4.7 7 33.94 –3.36 .40 89.85 63.20 AcadiaHealthcare ACHC ... 23 69.18 –3.11 ...
123.26 83.45 Alphabet C GOOG ... 24 106.22 –2.01 ... 407.93 267.35 arGEN-X ARGX ... dd 404.16 +16.28 ...
22.30 10.40 UiPath PATH ... dd 12.87 –1.21 ... 95.57 71.05 WeisMarkets WMK 1.7 17 78.84 –3.65 .34 17.01 5.07 Accolade ACCD ... dd 12.00 –1.53 ...
17.13 5.73 Alphatec ATEC ... dd 15.16 +0.72 ... 7.79 0.36 ArgoBlockchain ARBK ... dd 1.42 –0.01 ...
3.30 2.13 UltraparPart UGP 3.3 12 3.29 +0.42.0613 48.84 35.25 WellsFargo WFC 3.2 11 37.94 –1.81 .30 10.91 9.80 AccretionAcqn ENER ... cc 10.32 –0.01 ...
11.41 10.05 AlphaTimeAcqn ATMC ... ... 10.36 +0.04 ... 15.27 4.23 Arhaus ARHS ... 8 8.19 +0.17 ...
13.05 6.38 UnderArmour A UAA ... 12 8.64 –0.23 ... 90.69 56.50 Welltower WELL 3.1 cc 78.76 –0.46 .61 0.29 0.01 AccretionAcqnRt ENERR ... ... .07 –0.04 ...
10.72 10.10 AlphaVestAcqn ATMV ... ... 10.27 ... ... 10.49 9.83 AriszAcqnA ARIZ ... dd 10.47 +0.04 ...
3.65 1.70 Accuray ARAY ... dd 3.54 +0.20 ...
11.42 5.74 UnderArmour C UA ... 11 7.83 –0.21 ... 175.00 99.00 WescoIntl WCC 1.2 8 129.97 –14.03 .375 0.57 0.11 AlphaVestAcqnRt ATMVR ... ... .14 –0.02 ... 0.21 0.01 AriszAcqnRt ARIZR ... ... .11 ... ...
7.60 0.55 AcelRxPharm ACRX ... 0 .65 –0.02 ... 9.89 4.82 AlpineImmune ALPN ... dd 7.39 –0.10 ...
16.32 6.33 Unifi UFI ... dd 8.35 –0.43 ... 102.96 67.45 WestFraserTimber WFG 1.6 9 75.04 +2.67 .30 12.20 8.56 ArmadaAcqnI AACI ... dd 10.12 –0.07 ...
10.79 9.94 AchariVenturesI AVHI ... 90 10.51 –0.06 ... 7.25 0.52 AlpineSummit ALPS50.2 4 .73 –0.03.0315
205.59 154.72 Unifirst UNF .8 30 162.90 –0.78 .31 376.72 206.19 WestPharmSvcs WST .2 51 368.46 +7.22 .19 10.61 9.90 ArogoCapA AOGO ... dd 10.42 ... ...
3.45 0.75 AchillesTherap ACHL ... dd .89 +0.06 ... 10.40 9.83 AlsetCapAcqnA ACAX ... cc 10.33 +0.01 ...
55.99 42.44 Unilever UL 3.3 18 55.56 +0.03.4702 86.87 7.46 WestAllianceBcp WAL 5.3 3 27.16 –9.96 .36 24.59 5.45 ArrayTech ARRY ... dd 18.37 –2.08 ...
18.96 5.77 AclarisTherap ACRS ... dd 8.98 +0.09 ... 0.44 0.05 AlsetCapAcqnRt ACAXR ... ... .27 +0.01 ...
242.36 183.69 UnionPacific UNP 2.6 18 201.23 +5.53 1.30 15.84 7.00 WstAstMtgCap WMC16.3 dd 8.59 –0.27 .35 103.50 1.62 Arrival ARVL ... ... 1.91 –0.23 ...
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1.24 0.26 AcordaTherap ACOR ... dd .50 +0.03 ...


14.62 3.05 Unisys UIS ... dd 3.96 +0.75 ... 29.50 21.95 WesternMidstrm WES 13.4 9 25.57 –0.90 .50 72.66 43.17 AltairEngg ALTR ... dd 68.23 –0.82 ... 36.51 19.10 ArrowFinancial AROW 5.2 7 20.75 –0.84 .27
10.70 9.97 AcriCapitalA ACAC ... cc 10.58 +0.01 ... 10.80 9.88 AltEnergyA AEAE ... 18 10.33 +0.07 ...
9.10 5.36 UnitedMicro UMC ... 8 8.20 +0.17 ... 18.23 10.07 WesternUnion WU 7.7 6 12.15 +1.22.235 48.48 23.09 ArrowheadPharm ARWR ... dd 41.38 +5.97 ...
25.47 8.06 AcrivonTherap ACRV ... ... 12.53 +0.22 ... 23.49 3.82 Altimmune ALT ... dd 4.94 –0.11 ...
49.56 22.07 UnitedNatFoods UNFI ... 9 27.04 –0.23 ... 139.54 81.29 Westlake WLK 1.2 8 121.29 +7.51 .357 10.90 9.70 ArtemisStratInvt ARTE ... 36 10.39 ... ...
87.01 70.94 ActivisionBliz ATVI ... 32 76.00 –1.71 ... 17.67 3.52 AltisourcePortf ASPS ... dd 4.35 +0.61 ... 10.13 3.27 Arteris AIP ... dd 4.69 +0.97 ...
209.39 154.87 UPS B UPS 3.7 14 175.74 –4.07 1.62 54.15 26.84 WestRock WRK 3.9 dd 28.45 –1.48.275 10.97 3.02 AcumenPharm ABOS ... dd 5.29 +1.43 ... 14.60 5.20 Alvotech ALVO ... dd 9.77 –0.03 ... 63.00 44.08 ArtesianRscs A ARTNA 2.0 29 55.40 +0.62.2784
481.99 230.54 UnitedRentals URI 1.7 11 342.05 –19.06 1.48 16.80 9.45 Westwood WHG 4.8 dd 12.49 +0.22 .15 2.15 0.48 AcutusMedical AFIB ... dd .90 +0.01 ... 27.33 14.19 AmalgamFin AMAL 2.6 5 15.37 –0.91 .10 58.58 22.10 Arvinas ARVN ... dd 25.30 –0.91 ...
53.37 27.27 US Bancorp USB 6.2 8 30.74 –3.54 .48 8.08 0.39 WeWork WE ... dd .44 +0.02 ... 3.41 0.90 Adagene ADAG ... dd 1.34 +0.03 ... 2.23 1.04 Amarin AMRN ... dd 1.39 +0.04 ... 134.53 61.58 AscendisPharma ASND ... dd 94.45 +24.49 ...
31.55 16.41 US Steel X .9 3 21.68 –1.20 .05 40.46 27.37 Weyerhaeuser WY 2.6 17 29.67 –0.24 .19 2.65 1.01 AdaptimmuneTher ADAP ... dd 1.40 –0.02 ... 146.57 81.43 Amazon.com AMZN ... cc 105.66 +0.20 ... 18.00 8.12 AscentIndustries ACNT ... 5 9.70 +0.21 ...
558.10 449.70 UnitedHealth UNH 1.3 23 494.28 +2.19 1.65 52.76 28.62 WheatonPrecMet WPM 1.2 38 52.09 +2.71 .15 13.21 5.96 AdaptiveBiotech ADPT ... dd 6.35 –0.79 ... 99.86 49.02 Ambarella AMBA ... dd 66.09 +4.11 ... 263.59 161.40 AspenTech AZPN ... dd 172.57 –4.43 ...
62.14 21.22 UnitySoftware U ... dd 26.46 –0.51 ... 3.01 0.37 WheelsUp UP ... dd .48 +0.02 ... 114.99 73.66 AddusHomeCare ADUS ... 26 81.96 +0.22 ... 13.07 0.38 AmbrxBio AMAM ... dd 11.78 +2.15 ... 2.42 0.77 AssemblyBiosci ASMB ... dd 1.03 –0.01 ...
11.85 6.30 Adeia ADEA 2.8 dd 7.24 –0.40 .05 97.08 76.79 Amdocs DOX 1.9 20 89.65 –1.60 .435
35.63 21.49 Univar UNVR ... 11 35.52 +0.02 ... 196.30 124.10 Whirlpool WHR 5.1 dd 137.02 –2.57 1.75 49.56 31.04 AstecIndustries ASTE 1.2 cc 42.12 +0.84 .13
21.87 5.13 AdicetBio ACET ... dd 6.45 +0.61 ... 131.32 69.36 Amedisys AMED ... 23 79.07 –1.23 ...
64.13 43.64 Universal UVV 5.9 14 54.00 –0.89 .79 1560.21 1041.54 WhiteMtnIns WTM .1 dd 1438.41 +6.271.00 76.56 52.65 AstraZeneca AZN 1.9 50 75.27 +2.05 .985
451.15 274.73 Adobe ADBE ... 34 348.40 –29.16 ... 31.09 15.79 AmerantBncpA AMTB 2.1 8 16.96 –1.64 .09
57.52 40.92 UniversalHealth UHT 6.4 30 44.44 +0.94 .715 12.71 8.15 WhitestoneREIT WSR 5.5 14 8.66 –0.29 .04 16.28 2.36 AstriaTherap ATXS ... dd 12.77 –0.28 ...
6.43 1.63 AdvEmissions ADES ... dd 1.84 –0.01 ... 18.47 11.65 AmerAirlines AAL ... 5 13.87 +0.23 ...
154.65 82.50 UniversalHealthB UHS .6 15 142.80 –7.55 .20 22.60 8.15 WideOpenWest WOW ... dd 8.56 –2.87 ... 16.33 7.46 Astronics ATRO ... dd 15.17 +0.43 ...
101.00 67.55 AdvEnergyInds AEIS .5 17 86.92 +0.42 .10
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

20.15 8.39 UnivInsurance UVE 4.1 dd 15.58 +0.16 .16 54.38 34.49 Wiley A WLY 3.9 dd 35.92 –2.65.3475 105.60 80.30 AEP AEP 3.6 24 92.11 –0.31 .83 15.56 10.97 AstroNova ALOT ... 41 14.70 –0.01 ...
109.57 54.57 AdvMicroDevices AMD ... cc 89.84 +0.47 ... 38.83 25.26 AmNtlBcsh AMNB 4.5 8 26.65 –2.24 .30
10.01 5.27 UnvlTechInst UTI ... 41 6.17 –0.89 ... 54.58 34.46 Wiley B WLYB 3.8 dd 36.60 –0.73.3475 9.34 2.32 AtaraBiotherap ATRA ... dd 2.91 +0.20 ...
5.65 1.13 AdvantageSolns ADV ... dd 1.23 –0.05 ... 12.36 7.10 AmOutdoorBrands AOUT ... dd 8.53 –0.41 ...
46.64 31.12 UnumGroup UNM 3.0 6 44.18 +1.98 .33 37.97 27.80 Williams WMB 5.9 14 30.18 –0.08.4475 9.79 2.94 AteaPharm AVIR ... dd 3.35 +0.08 ...
1.82 0.53 AdverumBiotech ADVM ... dd .81 +0.02 ... 19.00 3.78 AmericanPubEdu APEI ... dd 5.34 –0.36 ...
9.50 1.27 UpHealth UPH ... dd 1.84 +0.11 ... 176.89 101.58 Williams-Sonoma WSM 3.0 7 118.33 –2.71 .90 23.80 0.98 Athenex ATNX ... dd 1.36 +0.08 ...
1.64 0.14 AegleaBioTherap AGLE ... dd .16 –0.01 ... 19.34 11.63 AmerSoftware AMSWA 3.5 38 12.54 +0.60 .11
19.71 12.91 UrbanEdgeProp UE 4.4 37 14.61 –0.06 .16 70.53 43.05 Winnebago WGO 1.8 6 59.23 +1.09 .27 10.69 2.22 AthiraPharma ATHA ... dd 2.96 +0.17 ...
11.50 1.16 Aemetis AMTX ... dd 1.87 –0.35 ... 6.65 3.20 AmerSupercond AMSC ... dd 3.90 –0.15 ... 3.49 2.10 AtlanticAmerican AAME ... 19 2.29 +0.11 ...
22.80 14.76 UrstadtBiddle UBP 5.8 22 15.52 –0.46.225 6.31 4.32 Wipro WIT 1.5 18 4.63 –0.07.1225 30.79 10.52 AerovateTherap AVTE ... dd 22.01 +1.04 ... 60.78 40.70 AmericanWoodmark AMWD ... 11 50.34 –0.18 ... 11.12 9.79 AtlCoastal II A ACAB ... cc 10.29 –0.04 ...
19.36 15.07 UrstadtProp A UBA 5.9 24 17.02 –0.20 .25 6.56 4.60 WisdomTree WT 1.8 15 6.55 +0.31 .03 109.22 70.08 AeroVironment AVAV ... dd 102.82 +2.13 ... 127.05 52.24 AmerCarMart CRMT ... 12 82.46 +2.07 ... 36.35 24.42 AtlanticaSust AY 7.1 dd 24.85 –1.77.445
19.98 12.06 UtzBrands UTZ 1.3 dd 18.11 –0.80.057 125.48 39.47 Wolfspeed WOLF ... dd 40.97 –5.58 ... 10.82 9.88 AetheriumAcqnA GMFI ... dd 10.48 –0.03 ... 54.24 28.33 AmerisBancorp ABCB 2.0 7 30.53 –2.97 .15 44.67 21.65 Atlanticus ATLC ... 5 28.30 –0.86 ...
24.08 9.60 WolverineWwide WWW 2.7 dd 14.99 –1.75 .10 3.77 0.55 Affimed AFMD ... dd .88 –0.02 ... 4.12 2.85 AmeriServFin ASRV 4.2 8 2.89 –0.09 .03
V 300.29 113.86 Atlassian TEAM ... dd 135.73 –11.93 ...
26.93 19.11 WoodsideEnergy WDS10.9 6 22.79 +0.031.44 40.97 8.62 AffirmHldgs AFRM ... dd 10.71 +0.85 ... 296.67 223.30 Amgen AMGN 3.6 16 236.53 –3.21 2.13 243.99 0.47 AtlisMotor AMV ... dd .53 +0.03 ...
37.81 22.18 WooriFin WF 8.1 3 26.82 +0.231.7502 17.02 8.73 Afya AFYA ... 14 11.36 –0.15 ... 13.84 5.91 AmicusTherap FOLD ... dd 12.15 +0.61 ...
51.40 20.03 VF VFC 5.4 21 22.12 –1.39 .30 29.40 11.02 AtourLifestyle ATAT ... cc 19.72 –1.72 ...
104.76 59.43 Workiva WK ... dd 89.15 –4.27 ... 88.16 31.49 Agilysys AGYS ... cc 77.45 –0.59 ... 31.38 14.89 AmkorTech AMKR 1.4 8 21.59 –0.78 .075
4.06 1.25 ViaOptronics VIAO ... dd 2.76 +0.09 ... 2.80 0.76 Atreca BCEL ... dd 1.00 ... ...
30.65 19.29 WorldFuelSvcs INT 2.4 13 23.18 –0.46 .14 34.76 16.75 AgiosPharm AGIO ... dd 25.54 +2.67 ... 44.15 26.76 AmphastarPharm AMPH ... 21 36.49 +0.72 ...
35.69 26.42 VICI Prop VICI 4.8 23 32.81 –1.13 .39 52.96 32.51 AtriCure ATRC ... dd 48.34 +4.35 ...
7.60 2.50 Agora API ... dd 3.36 +0.01 ... 13.45 6.66 AmtechSystems ASYS ... 9 9.05 +0.42 ...
13.84 6.47 Vizio VZIO ... ... 8.36 –0.21 ... 110.24 55.09 WW Ent WWE .4 55 106.86 –0.31 .12 705.74 534.99 Atrion ATRI 1.4 31 608.80 –6.50 2.15
10.70 9.86 AhrenAcqnA AHRN ... 29 10.48 +0.01 ... 41.93 6.51 AmylyxPharm AMLX ... dd 29.04 +0.64 ...
65.17 38.01 WorthingtonInds WOR 2.1 14 58.24 –1.15 .31 31.15 21.77 AuburnNatlBncp AUBN 4.9 8 21.94 –0.56 .27
13.70 5.75 VOC Energy VOC 15.3 6 7.87 –0.36 .23 28.95 14.01 AirT AIRT ... 67 24.80 +0.90 ... 4.86 0.70 Amyris AMRS ... dd .76 –0.06 ...
83.76 58.82 WyndhamHtls WH 2.0 19 68.31 +0.09 .35 24.58 9.67 AudioCodes AUDC 3.6 11 9.95 –0.25 .18
5.48 2.66 VTEX VTEX ... ... 3.79 +0.29 ... 34.00 14.83 AirTransportSvcs ATSG ... 8 14.93 –5.38 ... 198.25 133.48 AnalogDevices ADI 1.9 28 183.39 +3.51 .86 24.83 8.13 AuraBiosciences AURA ... dd 9.71 +0.67 ...
51.00 29.55 V2X VVX ... cc 43.15 –0.05 ... XYZ 144.63 81.91 Airbnb ABNB ... 43 119.90 +0.23 ... 32.44 18.20 AnaptysBio ANAB ... dd 21.90 +1.08 ... 10.65 9.83 AuraFatProjectsA AFAR ... 84 10.65 +0.09 ...
8.77 3.88 VaalcoEnergy EGY 3.7 6 4.27 –0.01.0625 11.75 2.69 AirSculptTech AIRS .0 dd 5.07 +0.17 .41 15.24 7.13 AnavexLifeSci AVXL ... dd 8.44 +0.30 ... 13.42 4.07 AuriniaPharm AUPH ... dd 11.56 +0.31 ...
269.50 201.91 VailResorts MTN 3.5 29 238.27 –2.252.06 4.50 1.62 XFinancial XYF ... 2 3.34 –0.14 ... 102.83 70.65 AkamaiTech AKAM ... 26 78.56 –3.41 ... 46.48 29.35 Andersons ANDE 2.0 12 37.48 –7.22 .185 3.15 0.56 AuroraCannabis ACB ... dd .66 +0.06 ...
80.00 37.17 Valaris VAL ... 16 57.04 –2.96 ... 49.00 24.75 XPO XPO ... 29 47.90 +3.72 ... 54.88 7.52 AkeroTherap AKRO ... dd 45.13 +0.39 ... 8.50 0.72 Anghami ANGH ... ... 1.40 –0.18 ... 4.28 1.10 AuroraInnov AUR ... dd 1.46 +0.03 ...
19.31 11.72 Vale VALE 7.5 4 13.90 –0.51.347 19.82 11.74 XeniaHotels XHR 3.1 22 12.87 +0.21 .10 16.57 6.63 Akoya AKYA ... dd 6.85 –0.11 ... 6.31 1.81 Angi ANGI ... dd 2.44 +0.14 ... 1.19 0.35 AuroraMobile JG ... dd .35 –0.05 ...
78.99 44.92 Alarm.com ALRM ... 43 45.63 –2.06 ... 24.74 8.18 AngioDynamics ANGO ... dd 8.72 +0.40 ...
5.99 2.36 ValensSemicon VLN ... dd 2.38 –0.22 ... 11.90 2.95 XinyuanRealEst XIN ... dd 5.11 +1.69 ... 11.23 9.54 AuroraTechA ATAK ... 41 10.47 –0.04 ...
4.01 0.45 AlaunosTherap TCRT ... dd .59 +0.02 ... 2.04 0.46 AngionBiomed ANGN ... dd .76 ... ...
150.39 96.93 ValeroEnergy VLO 3.8 3 107.04 –7.63 1.02 35.35 6.18 XPeng XPEV ... dd 10.40 +0.90 ... 0.17 0.05 AuroraTechRt ATAKR ... ... .13 –0.01 ...
13.50 5.76 Alector ALEC ... dd 7.41 +0.81 ... 32.51 19.95 AnikaTherap ANIK ... dd 25.87 +0.21 ...
54.06 14.68 Valhi VHI 2.1 5 15.27 –0.26 .08 26.00 8.15 Xperi XPER ... ... 9.29 –0.20 ... 235.01 163.20 Autodesk ADSK ... 52 194.94 +0.15 ...
10.06 5.64 AlgomaSteel ASTL 2.8 3 7.16 –0.23 .05 7.65 2.46 Annexon ANNX ... dd 5.27 –0.04 ...
353.36 213.27 ValmontInds VMI .8 24 290.04 –0.52 .60 33.58 11.20 XponentialFit XPOF ... dd 29.66 –3.42 ... 3.79 1.60 AutolusTherap AUTL ... dd 1.89 +0.08 ...
43.26 22.65 Alico ALCO .9 dd 23.49 –0.07 .05 94.45 33.32 ApellisPharm APLS ... dd 93.18 +9.75 ...
37.33 24.40 Valvoline VVV 1.5 15 34.20 –0.35 .125 118.58 72.08 Xylem XYL 1.2 53 108.97 +5.13 .33 274.92 196.61 ADP ADP 2.3 28 215.48 –4.52 1.25
368.87 172.05 AlignTech ALGN ... 78 313.64 –11.66 ... 49.65 35.96 ApogeeEnt APOG 2.4 9 40.07 –2.49 .24
4.20 0.41 Vapotherm VAPO ... dd .60 +0.13 ... 55.15 27.86 Yeti YETI ... 42 43.49 +4.04 ... 15.78 1.05 AvadelPharm AVDL ... dd 14.96 +4.48 ...
19.17 4.88 AlignmentHlthcr ALHC ... dd 6.89 +0.60 ... 49.00 3.71 ApollomicsA APLM ... dd 4.40 –0.24 ...
14.39 8.64 VectorGroup VGR 6.4 12 12.44 –0.30 .20 13.11 2.82 YPF YPF ... 2 11.39 +0.27 ... 10.95 9.94 AvalonAcqn AVAC ... 33 10.52 +0.01 ...
2.41 0.84 AligosTherap ALGS ... dd 1.24 +0.08 ... 148.17 79.92 AppFolio APPF ... dd 137.14 –2.48 ...
232.26 151.02 VeevaSystems VEEV ... 60 179.10 +0.02 ... 5.57 3.00 Yalla YALA ... 8 3.60 +0.02 ... 30.23 15.69 Avantax AVTA ... dd 24.11 –1.26 ...
7.92 1.30 AlimeraSciences ALIM ... dd 1.90 +0.07 ... 4.84 0.42 AppHarvest APPH ... dd .48 +0.02 ... 3.15 0.67 AveannaHealth AVAH ... dd 1.08 –0.15 ...
5.96 1.28 Velo3D VLD ... 14 2.06 –0.28 ... 2.20 0.39 YatsenHolding YSG ... dd .98 –0.03 ... 17.71 9.23 AlkamiTech ALKT ... dd 12.18 +0.19 ... 59.90 29.80 Appian APPN ... dd 33.96 –3.59 ... 6.13 3.40 AvePoint AVPT ... dd 4.48 +0.14 ...
13.60 7.81 VelocityFinl VEL ... 8 8.99 –0.13 ... 39.27 25.30 Yelp YELP ... 56 27.88 –2.04 ... 32.23 21.75 Alkermes ALKS ... dd 29.45 +0.90 ... 176.15 124.17 Apple AAPL .5 30 173.57 +3.89 .23 39.80 21.15 AviatNetworks AVNW ... 26 28.03 –4.78 ...
2.78 0.30 VenatorMaterials VNTR ... dd .32 –0.02 ... 9.88 4.00 Yext YEXT ... dd 7.99 –0.79 ... 8.73 2.54 Allakos ALLK ... dd 4.26 +0.01 ... 5.00 0.85 AppliedDigital APLD ... dd 3.39 +0.19 ... 33.41 20.83 AvidTechnology AVID ... 22 22.11 –7.40 ...
58.24 35.33 Ventas VTR 3.8 dd 47.85 –0.20 .45 3.85 0.67 YirenDigital YRD ... ... 2.58 +0.46 ... 118.30 0.36 AllarityTherap ALLR ... dd .41 –0.03 ... 125.62 71.12 ApplMaterials AMAT 1.1 16 116.06 +3.03 .32 25.74 9.83 AvidityBio RNA ... dd 11.58 –0.82 ...
17.69 10.22 VerisResidential VRE ... dd 16.34 –0.01 ... 10.00 3.03 Youdao DAO ... dd 6.53 +0.34 ... 6.06 1.03 Allbirds BIRD ... dd 1.31 +0.06 ... 4.64 0.21 AppliedMolecular AMTI ... dd .27 –0.02 ... 11.86 5.86 AvidXchange AVDX ... dd 8.04 +0.61 ...
161.84 94.50 Veritiv VRTV 2.3 5 109.45 –5.42 .63 143.25 103.97 Yum!Brands YUM 1.8 32 137.49 –3.09.605 156.01 62.94 AllegiantTravel ALGT ... 30 106.85 +2.94 ... 4.00 1.48 AppliedOptoelec AAOI ... dd 1.67 –0.28 ... 270.01 131.83 AvisBudget CAR ... 3 167.47 –9.20 ...
52.18 34.55 Verizon VZ 6.9 7 37.83 –1.00.6525 64.70 36.05 YumChina YUMC .8 42 62.58 +1.40 .13 48.72 19.20 AllegroMicro ALGM ... 48 37.46 +1.69 ... 2.18 0.50 AppliedTherap APLT ... dd 1.58 –0.12 ... 50.19 35.45 Avnet AVT 2.7 5 42.76 +1.50 .29
30.17 11.35 VermilionEnergy VET 2.1 2 12.54 –0.13.0734 71.40 16.20 ZimIntShipping ZIM 97.0 0 17.47 +0.406.40 27.63 16.43 AllianceResource ARLP14.0 4 20.00 –0.89 .70 44.76 9.14 Applovin APP ... dd 17.16 +0.16 ... 2.86 1.32 Aware AWRE ... dd 1.65 –0.01 ...
64.62 47.19 AlliantEnergy LNT 3.3 21 55.11 –0.03.4525 13.40 0.40 Appreciate SFR ... dd .52 –0.17 ...
11.58 1.41 VerticalAerospace EVTL ... dd 1.83 –0.01 ... 29.79 16.27 ZTO Express ZTO .0 23 27.77 +0.09 .37 136.38 46.41 AxcelisTechs ACLS ... 21 120.20 +1.90 ...
44.88 21.14 AlliedMotionTech AMOT .3 32 34.80 +0.38 .03 29.08 3.76 ApreaTherap APRE ... dd 3.90 –0.07 ...
17.88 7.76 Vertiv VRT .1 50 14.98 +0.06 .01 2.42 1.05 ZeppHealth ZEPP ... dd 1.41 –0.05 ... 2.79 0.16 AxcellaHealth AXLA ... dd .40 ... ...
17.49 4.42 AllogeneTherap ALLO ... dd 6.60 +1.17 ... 17.30 2.30 Aptorum APM ... dd 5.35 +2.82 ...
44.25 17.10 Viad VVI ... 40 22.59 +3.56 ... 11.28 4.09 ZetaGlobal ZETA ... dd 8.34 –1.37 ... 229.95 82.49 AxonEnterprise AXON ... cc 219.91 +9.20 ...
5.97 2.51 Allot ALLT ... dd 2.82 +0.11 ... 10.70 9.95 APxAcqnI A APXI ... 18 10.56 –0.04 ...
4.76 1.36 VicariousSurgical RBOT ... 77 2.16 –0.09 ... 5.49 1.86 ZeviaPBC ZVIA ... dd 3.42 –0.09 ... 79.92 38.41 Axonics AXNX ... dd 52.44 –5.02 ...
10.29 3.17 AlloVir ALVR ... dd 4.41 +0.97 ... 11.16 1.31 ApyxMedical APYX ... dd 3.44 +0.04 ...
51.00 26.14 Victoria'sSecret VSCO ... 7 27.83 –3.18 ... 2.13 0.89 Zhihu ZH ... dd 1.04 –0.06 ... 82.00 20.63 AxsomeTherap AXSM ... dd 73.74 +2.21 ...
2.40 0.62 AquestiveTherap AQST ... dd 2.04 +0.70 ... 78.82 37.61 Azenta AZTA ... dd 45.59 +2.10 ...
8.80 5.72 VinceHolding VNCE ... dd 6.09 –0.76 ... 149.25 100.39 ZimmerBiomet ZBH .7 65 137.91 –0.53 .24 2.46 0.58 Aravive ARAV ... dd 1.60 +0.18 ...
16.18 6.36 Vipshop VIPS ... 10 14.89 –0.81 ... 24.05 13.68 ZipRecruiter ZIP ... 34 17.17 +0.23 ... Nasdaq Issues includes stocks traded on the Nasdaq 3.15 1.85 ArbutusBiopharma ABUS ... dd 2.60 +0.09 ... B
8.56 2.98 VirginGalactic SPCE ... dd 3.61 –0.03 ... 187.82 124.15 Zoetis ZTS .8 42 186.23 +10.45 .375 Global Select and Nasdaq Global Market tiers. They are
eligible for inclusion on the basis of SEC-approved 104.87 65.88 ArcBest ARCB .5 7 87.82 –6.58 .12 20.49 10.23 BCB Bancorp BCBP 6.0 4 10.74 –1.06 .16
2.68 0.35 VirnetX VHC .0 dd .35 –0.061.00 11.60 5.45 Zuora ZUO ... dd 7.55 –0.24 ... market value of publicly-held shares, trading volume, 45.04 6.04 Arcellx ACLX ... dd 43.58 +0.90 ... 14.53 6.35 BELLUS Health BLU ... dd 14.49 ... ...
235.57 174.60 Visa V .8 32 231.78 –0.95 .45 32.86 19.29 ZurnElkayWater ZWS 1.3 60 21.48 –0.07 .07 price and number of market-makers. 76.92 41.05 ArchCapital ACGL ... 14 74.81 –0.26 ... 5.51 3.00 BGC Partners BGCP 1.0 39 4.17 –0.36 .01
42 BARRON’S May 8, 2023

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
36.14 20.15 BJsRestaurants BJRI ... cc 30.86 –1.68 ... 11.17 9.92 CactusAcqn1 A CCTS ... cc 10.46 +0.01 ... 77.61 51.33 CognizantTech CTSH 1.8 14 63.29 +3.58 .29 25.33 12.45 Digimarc DMRC ... dd 19.49 +2.45 ... 18.70 9.96 eXpWorld EXPI 1.4 cc 13.20 +1.51.045
110.85 70.21 BOK Fin BOKF 2.7 9 80.70 –3.17 .54 217.67 132.32 CadenceDesign CDNS ... 66 205.24 –4.21 ... 7.59 2.31 CognyteSoftware CGNT ... dd 4.24 +0.08 ... 48.37 12.34 DigitalWorldA DWAC ... dd 12.92 –0.16 ... 139.88 82.39 Expedia EXPE ... 48 93.54 –0.42 ...
33.34 17.08 BRP Group BRP ... dd 24.29 –0.90 ... 62.37 31.31 CaesarsEnt CZR ... dd 44.68 –0.61 ... 14.11 5.58 CoherusBioSci CHRS ... dd 7.38 +0.15 ... 36.51 16.63 DimeCommBcshs DCOM 5.5 5 18.21 –2.39 .25 119.90 86.08 ExpeditorsIntl EXPD 1.1 15 117.67 +3.83 .69
90.42 58.71 BRP DOOO .7 9 74.10 –0.67 .133 10.67 3.51 Caesarstone CSTE20.7 dd 4.82 +0.26 .25 38.63 24.06 Cohu COHU ... 18 34.46 +0.62 ... 97.45 58.52 Diodes DIOD ... 12 86.04 +6.34 ... 25.39 7.01 Expensify EXFY ... dd 7.46 –0.13 ...
59.09 24.95 B RileyFin RILY 10.9 dd 36.69 +5.19 1.00 65.32 43.96 Cal-MaineFoods CALM17.4 3 50.42 +2.92 2.20 116.30 31.55 CoinbaseGlbl COIN ... dd 58.24 +4.45 ... 35.03 11.80 DiscMedicine IRON ... dd 30.63 –2.10 ... 112.75 80.97 Exponent EXPO 1.2 46 89.32 –2.73 .26
9.31 3.82 Backblaze BLZE ... dd 4.16 ... ... 7.44 1.97 CalAmp CAMP ... dd 2.01 –0.53 ... 30.22 14.04 CollegiumPharm COLL ... dd 22.91 –0.36 ... 11.17 10.15 DistokenAcqn DIST ... ... 10.32 +0.04 ... 16.45 4.09 Exscientia EXAI ... dd 5.21 +0.08 ...
160.88 73.58 Baidu BIDU ... 40 123.45 +2.84 ... 45.50 22.64 CalavoGrowers CVGW 1.3 dd 31.26 –0.70 .10 133.03 84.16 ColliersIntl CIGI .3 95 90.82 –15.68 .15 0.19 0.10 DistokenAcqnRt DISTR ... ... .19 +0.07 ... 21.03 8.49 ExtremeNetworks EXTR ... 38 16.45 –1.33 ...
38.66 20.42 BakerHughes BKR 2.7 dd 28.22 –1.02 .19 26.17 12.78 CaliforniaBncp CALB ... 5 14.32 –3.34 ... 13.97 4.27 Collplant CLGN ... dd 6.82 –0.03 ... 55.96 25.66 DistributionSoln DSGR ... 60 47.61 +0.93 ... 11.44 2.19 EyePointPharm EYPT ... dd 6.54 +0.26 ...
143.88 110.15 Balchem BCPC .6 42 128.46 –2.94 .71 25.61 10.82 CalliditasTherap CALT ... dd 25.61 +2.27 ... 17.12 8.59 ColonyBankcorp CBAN 4.8 8 9.18 –0.70 .11 10.68 3.95 Diversey DSEY ... dd 8.22 +0.09 ... 10.68 6.78 Ezcorp EZPW ... 14 9.18 +0.57 ...
9.28 4.07 BallardPower BLDP ... dd 4.64 +0.22 ... 20.50 8.40 CalumetSpecialty CLMT ... dd 17.44 +0.11 ... 35.53 17.54 ColumbiaBanking COLB 6.0 8 20.05 –1.31 .30 2.37 0.61 DiversifiedHlthcr DHC 4.5 dd .88 –0.03 .01 F
118.07 68.44 BancFirst BANF 2.1 12 75.29 –4.60 .40 24.19 12.40 CambiumNtwks CMBM ... 20 14.14 –1.00 ... 22.86 14.11 ColumbiaFin CLBK ... 21 16.38 –0.40 ... 2.63 0.67 DixieGroup DXYN ... dd .83 +0.07 ...
29.07 9.20 Bandwidth BAND ... dd 11.51 –0.66 ... 49.10 28.23 CamdenNational CAC 5.5 8 30.28 –1.67 .42 98.32 65.02 ColumbiaSportswr COLM 1.5 18 82.63 –0.91 .30 33.63 9.03 dLocal DLO ... ... 13.82 –0.18 ... 39.71 12.77 FARO Tech FARO ... dd 13.75 –9.60 ...
49.52 31.00 BankOZK OZK 4.2 7 33.34 –2.38 .35 31.15 20.83 Camtek CAMT ... 16 26.88 +0.53 ... 39.85 23.54 ColumbusMcKinn CMCO .8 22 34.74 +0.03 .07 41.51 23.40 Docebo DCBO ... cc 36.15 –2.53 ... 174.38 127.05 F5 FFIV ... 25 133.22 –1.14 ...
30.86 21.08 Bank7 BSVN 2.7 7 24.03 +0.05 .16 4.54 1.87 Canaan CAN ... 4 2.61 –0.21 ... 44.66 28.39 Comcast A CMCSA 2.9 31 40.43 –0.94 .29 92.04 39.57 DocuSign DOCU ... dd 48.73 –0.71 ... 3.24 1.31 FGFinancial FGF ... dd 2.37 –0.03 ...
10.60 7.47 BankFinancial BFIN 5.2 8 7.65 –0.63 .10 47.69 22.15 CanadianSolar CSIQ ... 11 37.22 –0.20 ... 72.60 50.36 CommerceBcshrs CBSH 2.1 13 51.53 –4.32 .27 5.04 0.63 Dogness DOGZ ... dd 1.00 +0.10 ... 10.50 9.89 FG Merger FGMC ... dd 10.48 +0.04 ...
36.73 21.22 BankwellFin BWFG 3.5 4 22.63 –0.63 .20 4.25 1.15 CandelTherap CADL ... dd 1.65 +0.36 ... 10.15 4.03 CommVehicle CVGI ... dd 10.10 +2.77 ... 175.68 124.76 DollarTree DLTR ... 22 155.47 +1.76 ... 4.06 0.53 FLJ FLJ ... 1 .94 +0.22 ...
75.72 42.27 Banner BANR 4.3 8 45.16 –4.76 .48 5.00 0.50 Canoo GOEV ... dd .71 –0.05 ... 13.73 4.43 CommScope COMM ... dd 4.78 –0.15 ... 40.09 11.35 Domo DOMO ... dd 14.12 –1.76 ... 63.52 53.08 FRP Holdings FRPH ... cc 56.95 –1.05 ...
12.09 3.41 Baozun BZUN ... dd 4.63 ... ... 6.21 1.18 CanopyGrowth CGC ... dd 1.34 +0.04 ... 48.05 32.68 CmntyTrBcp CTBI 5.0 8 34.89 –1.12 .44 17.13 13.05 DonegalGroup A DGICA 4.7 dd 14.48 +0.40 .17 10.51 9.70 FTACEmeraldA EMLD ... ... 10.26 –0.01 ...
100.85 65.93 BarrettBus BBSI 1.5 12 79.84 –3.77 .30 6.90 2.77 Cantaloupe CTLP ... dd 6.74 +1.23 ... 15.23 11.00 CommWestBcshs CWBC 2.9 8 11.16 –1.20 .08 20.18 13.16 DonegalGroup B DGICB 4.2 dd 14.69 +0.26.1525 10.94 9.79 FTACZeusAcqnA ZING ... cc 10.32 –0.01 ...
24.12 14.11 BassettFurniture BSET 4.4 14 14.50 +0.15 .16 31.60 19.33 CanterburyPark CPHC 1.2 15 22.76 +0.26 .07 69.16 50.26 CommVaultSys CVLT ... dd 61.15 +2.88 ... 32.61 22.51 DorchesterMnls DMLP12.9 9 28.98 –0.95.9897 29.75 14.29 FTAI Aviation FTAI 4.3 90 27.65 –0.80 .33
23.54 15.45 BayCom BCML 2.5 8 15.89 –0.79 .10 27.49 15.32 CapitalBancorp CBNK 1.4 6 15.99 –0.86 .06 11.16 9.60 CompassDigitalAcqn CDAQ ... 29 10.26 +0.03 ... 119.04 73.32 DormanProducts DORM ... 30 88.39 +2.23 ... 4.25 2.22 FTAI Infra FIP 3.9 dd 3.10 ... .03
68.31 45.71 BeaconRoof BECN ... 11 59.01 –1.17 ... 36.86 25.08 CapitalCityBank CCBG 2.4 11 30.33 –0.13 .18 7.94 4.26 CompoSecure CMPO ... 11 7.43 –0.07 ... 12.59 7.41 DoubleDown DDI ... dd 8.49 +0.54 ... 6.14 1.78 FTC Solar FTCI ... dd 2.61 –0.12 ...
73.27 27.77 BeamTherap BEAM ... dd 33.64 +2.93 ... 17.69 11.93 CapitalProduct CPLP 4.7 2 12.72 +0.05 .15 34.47 25.27 ComputerPrograms CPSI ... 24 26.20 +0.32 ... 2.12 0.90 DouYuIntl DOYU ... dd 1.11 ... ... 4.18 0.60 FangddNetwork DUO ... ... 1.02 +0.14 ...
1.70 0.74 BeasleyBroadcast BBGI ... dd 1.01 +0.04 ... 23.67 16.28 CapitalSouthwest CSWC11.6 14 17.97 –0.16 .05 9.60 6.37 ComputerTask CTG ... 15 6.65 –0.12 ... 25.34 9.77 DraftKings DKNG ... dd 24.58 +2.67 ... 9.54 4.31 Fanhua FANH ... 30 7.91 –0.34 ...
280.62 118.18 BeiGene BGNE ... dd 249.79 –5.17 ... 10.85 9.90 CapitalworksEMA CMCA ... 26 10.49 +0.01 ... 2.40 0.90 comScore SCOR ... dd .94 –0.07 ... 28.75 2.54 DragonflyEnergy DFLI ... dd 4.98 –0.08 ... 6.83 2.60 FarmerBros FARM ... dd 2.73 –0.12 ...
45.14 20.94 BelFuse A BELFA .5 10 44.38 +1.80 .06 10.39 5.25 CapitolFedFin CFFN 6.0 11 5.67 –0.53 .085 16.87 8.42 ComtechTel CMTL 3.7 dd 10.74 +0.39 .10 35.45 24.62 DrivenBrands DRVN ... cc 28.20 –2.50 ... 56.65 43.73 Fastenal FAST 2.6 28 54.66 +0.82 .35
44.80 14.84 BelFuse B BELFB .6 9 43.22 +2.59 .07 22.00 11.22 CapStarFin CSTR 3.6 8 12.14 –1.24 .11 163.43 85.47 Concentrix CNXC 1.2 11 86.92 –9.59 .275 24.99 18.71 Dropbox DBX ... 14 21.31 +0.97 ... 12.27 9.86 FatProjectsAcqn FATP ... dd 10.58 +0.05 ...
43.61 26.32 BentleySystems BSY .5 78 42.60 +0.04 .05 12.98 3.89 CaraTherap CARA ... dd 4.39 +0.19 ... 5.57 2.70 Conduent CNDT ... dd 2.96 –0.55 ... 14.25 5.29 DuluthHoldings DLTH ... 81 5.65 –0.61 ... 37.13 4.02 FateTherap FATE ... dd 5.68 –0.39 ...
2.95 0.51 BerkshireGrey BGRY ... dd 1.38 +0.01 ... 34.48 2.57 Cardlytics CDLX ... dd 6.03 –0.46 ... 34.39 16.48 Confluent CFLT ... dd 22.66 +0.66 ... 146.40 60.50 Duolingo DUOL ... dd 123.56 –12.60 ... 10.91 9.91 FeutuneLightA FLFV ... cc 10.43 +0.02 ...
0.47 0.04 BerkshireGreyWt BGRYW ... ... .33 ... ... 5.35 2.50 Carecloud CCLD ... dd 3.18 –0.09 ... 2.49 1.28 Conifer CNFR ... dd 1.68 +0.01 ... 17.48 7.26 DynavaxTechs DVAX ... 7 11.27 +0.86 ... 25.69 7.81 FibroGen FGEN ... dd 17.41 +0.29 ...
11.94 6.48 Berry(bry) BRY 3.4 2 7.02 –0.62 .44 30.58 7.63 CareDx CDNA ... dd 8.39 +0.30 ... 2.08 0.56 ConnectBiopharma CNTB ... dd 1.14 +0.08 ... 15.63 4.30 DyneTherap DYN ... dd 13.97 +3.61 ... 52.90 34.20 FidelityD&D FDBC 3.4 8 41.78 –1.51 .36
44.59 11.03 BeyondMeat BYND ... dd 12.91 –0.63 ... 8.47 2.14 CareMax CMAX ... dd 2.62 +0.10 ... 28.68 13.11 ConnectOneBncp CNOB 4.7 5 14.52 –1.26 .17 9.19 5.89 FiestaRestaurant FRGI ... dd 7.46 –0.57 ...
E 40.07 22.11 FifthThirdBncp FITB 5.3 7 24.92 –1.28 .33
33.49 12.08 BicycleTherap BCYC ... dd 21.74 +1.98 ... 33.42 9.14 CarGurus CARG ... 11 16.16 –0.28 ... 15.92 3.90 Conn's CONN ... dd 4.71 –0.07 ...
15.60 6.88 Big5SportingGds BGFV13.2 10 7.57 –0.31 .25 13.19 4.05 CaribouBio CRBU ... dd 4.44 +0.14 ... 65.68 29.62 ConsensusCloud CCSI ... 10 36.86 –0.47 ... 11.32 3.02 ECARX ECX ... dd 5.22 +0.32 ... 28.46 13.84 FinInstitutions FISI 7.5 5 16.07 –1.41 .30
21.80 7.02 BigCommerce BIGC ... dd 7.28 –0.11 ... 19.30 2.75 CarismaTherap CARM ... dd 5.54 +1.39 ... 10.49 9.74 Consilium I A CSLM ... cc 10.42 ... ... 12.65 6.00 EDAP TMS EDAP ... dd 11.92 +1.16 ... 3.00 0.30 FinchTherap FNCH ... dd .39 –0.02 ...
30.35 8.23 Bilibili BILI ... dd 20.25 –0.11 ... 40.73 24.59 Carlyle CG 4.9 8 26.70 –3.63 .35 0.30 0.02 Consilium I Rt CSLMR ... ... .11 +0.02 ... 0.21 0.06 EFHuttonAcqnIRt EFHTR ... ... .11 –0.05 ... 10.85 9.91 FinnovateAcqnA FNVT ... cc 10.47 –0.01 ...
99.34 68.00 Bio-Techne TECH .4 50 83.13 +3.25 .08 15.89 11.23 CarlyleSecured CGBD10.9 9 13.57 –0.50 .07 8.49 2.10 ConsldComm CNSL ... dd 3.80 –0.07 ... 11.37 9.98 EFHuttonAcqnI EFHT ... cc 10.27 ... ... 11.00 9.96 FintechEcoA FEXD ... 40 10.52 +0.02 ...
12.15 2.01 BioAtla BCAB ... dd 3.60 +0.23 ... 9.24 3.92 CarParts.com PRTS ... dd 4.49 –0.25 ... 20.58 10.42 ConsldWater CWCO 1.9 47 17.67 +0.77 .085 11.70 9.98 EsgenAcqnA ESAC ... 26 10.72 +0.03 ... 14.82 7.84 FinWiseBancorp FINW ... 5 7.89 –0.56 ...
15.49 9.27 BioceresCrop BIOX ... dd 10.44 –0.77 ... 4.51 1.28 CarrolsRestr TAST ... dd 4.17 +0.32 ... 97.89 52.64 ConstellationEner CEG 1.4 dd 79.49 +2.09 .282 21.80 13.77 ESSA Bancorp ESSA 4.2 7 14.18 –1.91 .15 17.55 10.07 FirstAdvantage FA ... 29 12.51 –0.35 ...
15.43 7.20 BioCryst BCRX ... dd 8.56 +0.95 ... 18.84 12.35 CarterBkshrs CARE ... 6 13.36 +0.51 ... 32.98 18.89 ConstructionPtrs ROAD ... 82 27.86 +1.92 ... 21.32 11.85 EagleBncpMT EBMT 4.4 8 12.42 –1.90.1375 49.00 26.26 FirstBancorpNC FBNC 3.0 8 29.08 –1.70 .22
3.00 0.96 Biodesix BDSX ... dd 1.62 –0.11 ... 11.20 9.90 CartesianGrwIIA RENE ... 64 10.58 +0.06 ... 15.47 4.64 ConsumerPtfo CPSS ... 3 10.32 –0.09 ... 49.00 23.87 EaglePharm EGRX ... 10 28.65 +0.57 ... 32.05 22.50 FirstBancorp FNLC 5.7 7 23.76 –0.94 .34
319.74 187.16 Biogen BIIB ... 15 318.06 +13.83 ... 10.59 9.97 CarticaAcqnA CITE ... 24 10.59 +0.01 ... 63.60 6.36 ContextLogic WISH ... dd 7.47 +0.26 ... 68.80 3.92 Eargo EAR ... dd 5.30 +0.45 ... 35.90 22.82 FirstBancshares FBMS 3.4 10 25.60 +0.50 .22
117.77 70.73 BioMarinPharm BMRN ... cc 96.63 +0.59 ... 4.88 1.03 CasaSystems CASA ... dd 1.18 –0.07 ... 80.08 51.11 Copart CPRT ... 35 78.89 –0.16 ... 80.98 33.86 EastWestBncp EWBC 4.3 5 44.21 –7.48 .48 16.76 8.59 FirstBank FRBA 2.6 5 9.06 –0.65 .06
36.68 3.45 BiomeaFusion BMEA ... dd 32.52 +3.05 ... 14.00 9.76 CascadiaAcqnA CCAI ... 28 10.40 –0.05 ... 8.03 2.65 CorMedix CRMD ... dd 4.95 +0.01 ... 21.54 9.93 EasternBankshares EBC 3.7 dd 10.90 –0.75 .10 27.98 16.26 FirstBusey BUSE 5.3 7 17.99 –0.19 .24
10.90 1.80 Bionomics BNOX ... dd 2.29 +0.04 ... 91.42 63.90 CasellaWaste CWST ... 90 90.73 +1.73 ... 18.76 10.96 CorsairGaming CRSR ... dd 17.84 +0.42 ... 24.35 15.30 Eastern EML 2.6 9 17.10 –0.56 .11 39.88 25.25 FirstBusFinSvcs FBIZ 3.5 5 26.02 –2.67.2275
188.99 106.64 BioNTech BNTX .0 3 108.43 –5.811.5342 249.90 181.40 CaseysGenStores CASY .7 19 233.66 +4.84 .38 210.68 129.19 Corvel CRVL ... 55 208.94 +6.91 ... 26.66 2.52 EbangIntl EBON ... dd 6.05 +0.06 ... 1091.99 505.84 FirstCitizBcshA FCNCA .3 15 1003.73 –3.45 .75
10.50 9.89 BioPlusAcqnA BIOS ... cc 10.49 +0.02 ... 51.48 31.85 CassInfoSys CASS 3.1 15 37.16 +0.58 .29 1.42 0.61 CorvusPharm CRVS ... dd 1.20 +0.12 ... 52.23 35.92 eBay EBAY 2.2 38 45.63 –0.80 .25 39.39 22.55 FirstCommBkshs FCBC 4.8 8 23.98 +0.57 .29
28.75 1.95 BioraTherap BIOR ... dd 2.57 +0.14 ... 36.10 15.58 CastleBiosci CSTL ... dd 22.25 –0.38 ... 85.37 53.51 CoStar CSGP ... 82 74.60 –2.35 ... 33.42 11.75 Ebix EBIX 1.9 8 15.85 –0.41 .075 26.72 18.38 FirstFinBncpOH FFBC 4.7 8 19.67 –1.03 .23
10.53 2.00 Biote BTMD ... dd 6.41 –0.05 ... 47.30 27.24 CathayGenBncp CATY 4.6 6 29.62 –2.25 .34 564.75 406.51 Costco COST .8 37 499.06 –4.16 1.02 24.64 15.26 EchoStar SATS ... 8 16.08 –0.99 ... 47.26 26.75 FirstFinBkshs FFIN 2.6 17 27.85 –1.41 .18
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

10.02 0.80 Bioventus BVS ... dd .98 –0.03 ... 318.00 179.47 CavcoIndustries CVCO ... 11 301.20 +0.98 ... 19.97 10.19 Couchbase BASE ... dd 15.51 +0.15 ... 14.33 5.41 EdgewiseTherap EWTX ... dd 9.70 +0.93 ... 49.90 31.00 FirstFinIN THFF 3.3 6 33.07 –1.48 .20
2.84 0.38 Bitfarms BITF ... dd 1.16 ... ... 16.73 4.09 CECO Env CECO ... 23 11.53 –0.08 ... 43.06 19.72 CovenantLogist CVLG .9 6 38.92 –0.47 .11 3.88 0.54 Edgio EGIO ... dd .58 –0.09 ... 17.40 9.95 FirstFinNW FFNW 5.2 8 10.07 –2.08 .13
4.08 1.18 BlackDiamond BDTX ... dd 1.97 +0.54 ... 6.23 3.80 CellebriteDI CLBT ... 9 5.40 –0.01 ... 121.17 81.87 CrackerBarrel CBRL 5.0 22 103.61 –2.55 1.30 19.97 6.33 EditasMedicine EDIT ... dd 9.77 +1.61 ... 22.62 3.96 FirstFoundation FFWM 1.7 3 4.58 –1.71 .02
71.37 43.54 Blackbaud BLKB ... dd 70.00 +0.64 ... 4.10 1.77 Cellectis CLLS ... dd 1.90 +0.02 ... 7.68 3.89 CreativeMedia CMCT 7.6 dd 4.47 –0.01 .085 5.17 1.77 EducDev EDUC ... dd 1.92 –0.19 ... 29.65 11.37 FirstGuarBcshs FGBI 5.1 5 12.49 –1.10 .16
79.23 48.73 BlackLine BL ... dd 53.82 –1.89 ... 3.07 0.46 CelyadOncology CYAD ... dd .62 –0.10 ... 617.44 358.00 CreditAcceptance CACC ... 14 450.27 –39.23 ... 17.84 3.32 EHang EH ... dd 11.17 +0.06 ... 28.28 16.28 FirstHawaiian FHB 6.1 8 17.09 –2.02 .26
4.14 3.03 BlackRockCapInvt BKCC12.9 35 3.10 –0.10 .10 8.30 2.89 CentessaPharm CNTA ... dd 4.69 –0.03 ... 19.46 7.20 CredoTech CRDO ... dd 7.63 –0.48 ... 12.55 2.67 eHealth EHTH ... dd 6.29 +0.29 ... 40.12 10.00 FirstInternetBncp INBK 2.3 4 10.54 –4.17 .06
14.33 9.60 BlkRkTCPCap TCPC12.4 dd 10.35 +0.31 .32 3.47 0.61 Centogene CNTG ... dd .71 –0.10 ... 18.20 12.55 CrescentCapBDC CCAP12.2 27 13.48 –0.62 .41 9.89 0.75 EigerBioPharma EIGR ... dd 1.13 +0.10 ... 46.34 21.94 FirstInterBanc FIBK 7.9 9 23.85 –1.74 .47
11.05 9.72 bleuacaciaA BLEU ... cc 10.29 +0.04 ... 46.78 35.60 CentralGarden CENT ... 19 38.79 +1.95 ... 10.49 9.90 CresceraCapA CREC ... cc 10.49 +0.01 ... 9.06 2.50 8x8 EGHT ... dd 2.76 –0.11 ... 45.04 25.20 FirstMerchants FRME 4.9 7 26.32 –2.86 .32
0.15 0.01 bleuacaciaRt BLEUR ... ... .06 +0.01 ... 43.43 33.69 CentralGardenA CENTA ... 18 37.26 +1.93 ... 7.96 4.18 Cresud CRESY .0 2 6.06 –0.11.1326 18.03 2.05 89bio ETNB ... dd 16.67 +0.69 ... 39.60 22.94 FirstMidBcshs FMBH 3.9 6 23.83 –2.53 .23
28.46 15.89 BloominBrands BLMN 4.0 21 24.12 –0.65 .24 14.45 5.27 CenturyAluminum CENX ... dd 8.29 –0.30 ... 12.32 5.88 Cricut CRCT .0 36 9.76 +0.63 .35 13.00 8.15 ElPolloLoco LOCO .0 15 9.35 +0.03 1.50 18.40 9.94 FirstNWBncp FNWB 2.6 6 10.68 –1.66 .07
23.13 7.14 BlueBird BLBD ... dd 19.13 +0.43 ... 14.00 2.81 CenturyTherap IPSC ... dd 3.10 –0.03 ... 24.25 15.23 CrineticsPharm CRNX ... dd 22.35 +2.81 ... 244.80 162.01 ElbitSystems ESLT 1.0 31 192.94 +9.13 .50 221.88 59.60 FirstSolar FSLR ... cc 178.60 –3.98 ...
13.17 8.14 BlueFoundryBncp BLFY ... cc 9.03 –0.59 ... 2.87 1.53 Ceragon CRNT ... dd 1.77 –0.18 ... 36.76 20.56 Criteo CRTO ... dd 31.77 +0.32 ... 142.79 108.53 ElectronicArts EA .6 34 125.42 –1.86 .19 59.94 38.77 1stSource SRCE 3.0 8 42.54 +0.86 .32
10.94 9.88 BlueOceanA BOCN ... 20 10.48 +0.01 ... 32.86 12.82 Cerence CRNC ... dd 26.59 +1.04 ... 10.79 9.83 CrixusBH3 A BHAC ... 37 10.32 +0.05 ... 4.61 0.72 ElevationOnc ELEV ... dd 3.95 +1.32 ... 22.35 12.56 FirstUnited FUNC 6.0 4 13.27 –1.64 .20
10.85 9.87 BlueWorldA BWAQ ... cc 10.56 +0.05 ... 24.96 10.60 Certara CERT ... cc 23.11 –1.06 ... 151.32 46.08 Crocs CROX ... 12 114.48 –9.19 ... 5.42 2.21 EliemTherap ELYM ... dd 3.39 +0.25 ... 18.95 11.80 FirstWatchRest FWRG ... 88 16.91 +0.83 ...
83.20 2.02 EmbarkTech EMBK ... dd 2.85 +0.14 ... 32.94 13.00 FirstWesternFin MYFW ... 8 16.09 –1.67 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

8.58 2.78 bluebirdbio BLUE ... dd 4.37 +0.02 ... 5.95 2.14 Cerus CERS ... dd 2.28 –0.03 ... 3.62 1.70 Cronos CRON ... dd 2.01 +0.14 ...
79.40 37.82 BlueprintMed BPMC ... dd 56.23 +5.18 ... 10.99 9.65 ChainBridgeIA CBRG ... 26 9.65 –0.82 ... 40.12 15.26 CrossCtyHlthcr CCRN ... 6 23.50 +1.52 ... 36.64 22.30 Embecta EMBC 2.1 11 29.16 +1.41 .15 105.68 63.43 FirstCash FCFS 1.3 18 104.80 +1.77 .33
2.72 1.18 BoltBiotherap BOLT ... dd 1.61 +0.03 ... 33.65 16.64 ChampionX CHX 1.3 31 27.17 +0.09 .085 14.79 9.29 CrossFirstBkshs CFB ... 8 9.98 –0.05 ... 10.91 9.96 EmbraceChange EMCG ... cc 10.48 ... ... 3.26 0.84 FirsthandTechVal SVVC ... dd .86 –0.08 ...
2731.75 1616.85 BookingHldgs BKNG ... 33 2569.30 –117.01 ... 6.12 0.80 ChargeEnt CRGE ... dd .83 –0.23 ... 205.73 92.25 CrowdStrike CRWD ... dd 122.45 +2.40 ... 0.45 0.08 EmbraceChangeRt EMCGR ... ... .13 +0.01 ... 151.38 112.44 FirstService FSV .6 53 146.49 –4.25 .225
30.95 10.76 BowmanConsult BWMN ... 81 29.89 +0.09 ... 515.66 297.66 CharterComms CHTR ... 11 350.85 –17.85 ... 6.60 0.66 CueHealth HLTH ... dd .77 –0.02 ... 3.65 0.86 Emcore EMKR ... dd 1.06 –0.03 ... 122.39 87.03 Fiserv FISV ... 32 120.30 –1.82 ...
7.08 2.30 BraggGaming BRAG ... dd 3.56 +0.24 ... 135.93 107.54 CheckPoint CHKP ... 18 120.96 –6.40 ... 15.89 7.30 CullinanOncology CGEM ... 4 9.58 –0.15 ... 28.37 20.26 Enact ACT 2.4 5 23.75 –0.39 .14 220.19 109.49 FiveBelow FIVE ... 42 195.80 –1.56 ...
7.44 1.45 Brainsway BWAY ... dd 1.51 –0.04 ... 41.28 26.05 Cheesecake CAKE 3.3 39 32.79 –0.90 .27 2.91 1.64 CumberlandPharm CPIX ... dd 1.73 +0.02 ... 76.36 33.18 EnantaPharma ENTA ... dd 36.02 +0.47 ... 27.71 3.76 5EAdvMatls FEAM ... dd 4.62 +0.40 ...
50.97 22.54 Braze BRZE ... dd 28.90 –0.50 ... 42.16 28.70 ChefsWarehouse CHEF ... 54 34.77 +1.51 ... 15.64 2.64 CumulusMedia CMLS ... dd 2.77 –0.75 ... 72.73 42.50 EncoreCapital ECPG ... 42 48.57 –2.81 ... 120.39 46.61 Five9 FIVN ... dd 55.59 –9.25 ...
19.95 4.98 BridgeBioPharma BBIO ... dd 13.68 –0.84 ... 53.43 34.69 ChemungFinl CHMG 3.4 6 36.00 –4.15 .31 20.06 5.63 CureVac CVAC ... dd 8.24 +0.87 ... 206.74 94.39 EncoreWire WIRE .0 5 166.63 +10.30 .02 31.35 18.12 FiveStarBncp FSBC 3.4 7 19.33 –1.93 .20
25.90 3.26 BridgerAerospace BAER ... dd 4.52 +0.04 ... 10.83 9.98 ChengheAcqnA CHEA ... cc 10.59 +0.04 ... 60.79 18.47 Cutera CUTR ... dd 20.51 –2.29 ... 11.36 9.98 EnergemA ENCP ... cc 10.59 –0.01 ... 25.12 13.63 Flex FLEX ... 12 20.50 –0.07 ...
15.50 10.71 BridgfordFoods BRID ... 3 12.97 +0.08 ... 107.31 69.68 ChesapeakeEner CHK 2.7 2 78.64 –4.04 .63 8.47 3.30 Cvent CVT ... dd 8.46 +0.05 ... 26.34 16.92 EnergyRecovery ERII ... 58 24.21 +1.68 ... 22.95 13.46 Flexsteel FLXS 3.6 21 16.88 –0.42 .15
7.70 3.28 Brightcove BCOV ... dd 3.77 –0.37 ... 17.93 12.91 ChicagoAtlRealEst REFI 13.4 8 13.98 –0.18 .47 19.94 4.96 CVRx CVRX ... dd 12.61 +0.97 ... 29.70 15.33 EnlightRenewableEn ENLT ... 74 17.46 +1.07 ... 26.78 4.96 FluenceEnergy FLNC ... dd 17.93 –0.13 ...
60.54 38.38 BrighthouseFin BHF ... dd 42.93 –1.27 ... 15.89 1.50 ChickenSoupA CSSE ... dd 1.58 –0.20 ... 165.18 100.35 CyberArkSoftware CYBR ... dd 132.88 +8.28 ... 25.34 4.04 EnlivenTherap ELVN ... 87 19.64 +0.60 ... 1.81 0.64 Fluent FLNT ... dd .72 –0.02 ...
9.45 3.45 BrilliantEarthA BRLT ... cc 3.78 –0.40 ... 57.00 25.19 Children'sPlace PLCE ... dd 26.71 –2.93 ... 11.22 1.67 CymaBayTherap CBAY ... dd 10.51 –0.25 ... 26.30 6.50 Enovix ENVX ... dd 12.64 +1.82 ... 23.44 9.42 FlushingFin FFIC 8.5 5 10.37 –1.66 .22
12.36 9.91 BroadCapital BRACU ... ... 10.74 +0.49 ... 4.84 1.12 Chimerix CMRX ... 1 1.16 ... ... 4.22 1.13 CyteirTherap CYT ... dd 2.21 +0.05 ... 339.92 128.67 EnphaseEnergy ENPH ... 47 159.65 –4.55 ... 30.18 14.56 Flywire FLYW ... dd 28.76 –0.41 ...
0.33 0.02 BroadCapitalRt BRACR ... ... .19 +0.08 ... 9.21 5.00 Chindata CD ... 23 6.08 –0.23 ... 16.05 7.38 CytekBiosci CTKB ... cc 11.92 +0.44 ... 102.26 70.29 EnsignGroup ENSG .2 22 92.48 –4.61.0575 52.62 30.27 FocusFinPtrs FOCS ... 37 51.95 +0.01 ...
648.50 415.07 Broadcom AVGO 2.9 21 630.12 +3.624.60 27.44 12.41 ChinookTherap KDNY ... dd 20.26 +0.25 ... 55.80 32.96 Cytokinetics CYTK ... dd 39.44 +2.04 ... 252.73 169.04 Enstar ESGR ... dd 248.00 +7.40 ... 10.58 9.89 FocusImpact FIAC ... 26 10.47 +0.02 ...
15.50 7.00 BrooklineBcp BRKL 6.6 7 8.14 –1.40 .135 34.89 17.50 ChipMOSTechs IMOS13.9 12 24.99 +1.052.9194 3.02 1.17 CytomXTherap CTMX ... dd 1.70 +0.07 ... 118.47 61.75 Entegris ENTG .5 51 78.77 +3.85 .10 11.00 1.55 FocusUniversal FCUV ... dd 1.98 –0.15 ...
84.84 48.42 Bruker BRKR .3 37 78.53 –0.60 .05 181.34 93.35 ChordEnergy CHRD 3.6 3 138.97 –3.36 3.55 15.42 0.17 CyxteraTech CYXT ... dd .23 –0.10 ... 37.23 26.27 EnterpriseBncp EBTC 3.3 8 27.74 –1.10 .23 18.12 4.51 FoghornTherap FHTX ... dd 6.05 –0.47 ...
10.90 9.87 BullpenParlayA BPAC ... 20 10.48 +0.04 ... 300.90 172.75 ChurchillDowns CHDN .2 21 296.26 +3.73 .357 56.35 36.16 EnterpriseFinSvcs EFSC 2.5 7 39.35 –3.41 .25 10.90 9.91 ForbionEuroA FRBN ... cc 10.54 +0.01 ...
D 10.57 9.91 Ent4.0TechAcqnA ENTF ... 93 10.57 +0.08 ... 42.24 18.15 FormFactor FORM ... cc 27.99 +0.68 ...
39.33 16.74 Bumble BMBL ... dd 17.52 –0.69 ... 39.96 18.64 Chuy's CHUY ... 28 35.59 +0.71 ...
3.67 0.95 BurgerFiIntl BFI ... dd .98 –0.02 ... 53.80 18.00 Cimpress CMPR ... dd 47.08 –4.87 ... 3.43 1.08 DBV Tech DBVT ... dd 1.65 +0.16 ... 24.38 5.12 EntradaTherap TRDA ... dd 12.12 +0.41 ... 110.42 60.29 FormulaSys FORTY 1.4 13 69.10 +6.25 .671
5.15 1.70 BurningRockBio BNR ... dd 2.94 –0.17 ... 130.66 88.66 CincinnatiFin CINF 2.9 cc 105.24 –1.20 .75 45.99 12.64 DiceTherap DICE ... dd 38.00 +5.50 ... 62.82 40.37 ePlus PLUS ... 11 43.72 +0.18 ... 54.55 22.62 ForresterRes FORR ... 36 25.44 –5.50 ...
11.47 9.90 BurTechAcqnA BRKH ... cc 10.21 ... ... 470.23 343.86 Cintas CTAS 1.0 37 466.37 +10.60 1.15 26.66 6.58 DISH Network DISH ... 2 7.12 –0.39 ... 7.66 4.76 EpsilonEnergy EPSN 4.9 3 5.15 –0.21.0625 69.07 42.61 Fortinet FTNT ... 53 64.59 +1.54 ...
25.03 13.05 BusFirstBcshs BFST 3.4 6 14.11 –1.31 .12 3.32 0.38 CipherMining CIFR ... dd 2.21 –0.10 ... 31.36 13.95 DMC Global BOOM ... 26 18.59 –0.35 ... 6.05 1.58 EQRx EQRX ... dd 1.85 +0.17 ... 11.57 10.03 FortuneRiseA FRLA ... ... 10.72 –0.02 ...
5.50 0.51 BuzzFeed BZFD ... dd .58 +0.04 ... 111.15 61.94 CirrusLogic CRUS ... 26 79.46 –6.33 ... 1.67 0.59 D-MarketElec HEPS ... dd .99 +0.03 ... 3.20 0.51 Equillium EQ ... dd .53 –0.09 ... 117.57 84.04 ForwardAir FWRD 1.0 14 97.27 –8.24 .24
11.28 9.90 byNordicAcqnA BYNO ... cc 10.43 +0.01 ... 52.56 38.60 CiscoSystems CSCO 3.4 17 46.25 –1.00 .39 10.60 9.91 DPCapAcqnIA DPCS ... cc 10.52 +0.02 ... 762.51 494.89 Equinix EQIX 1.8 84 740.00 +15.92 3.41 9.22 2.96 Fossil FOSL ... dd 3.20 –0.16 ...
35.24 15.48 CitiTrends CTRN ... 2 16.24 –1.02 ... 10.65 9.85 DuetAcqnA DUET ... dd 10.45 +0.04 ... 38.04 20.74 EquityBcshs EQBK 1.8 6 21.64 –1.91 .10 15.96 9.00 FosterLB FSTR ... dd 10.96 –0.36 ...
C 14.55 8.40 CtznCmntyBcp CZWI 3.3 6 8.76 –1.32 .29 34.74 22.09 DXP Ents DXPE ... 10 24.61 –0.59 ... 10.74 2.49 Erasca ERAS ... dd 2.92 +0.16 ... 26.49 5.32 4D Molecular FDMT ... dd 16.94 –1.07 ...
5.23 1.48 Cadiz CDZI ... dd 4.18 +0.10 ... 18.49 11.85 CitizensHolding CIZN 7.6 8 12.67 –0.17 .24 15.59 2.98 DadaNexus DADA ... dd 5.82 –0.24 ... 286.50 159.36 ErieIndemnity A ERIE 2.1 38 228.03 +10.70 1.19 37.26 28.02 FoxA FOXA 1.6 12 31.97 –1.29 .25
63.77 43.10 C&F Fin CFFI 3.5 6 50.97 –2.28 .44 103.00 76.90 CityHolding CHCO 2.8 13 91.37 +0.18 .65 5.87 1.46 Daktronics DAKT ... dd 5.04 +0.23 ... 15.81 9.25 Escalade ESCA 3.8 12 15.74 +0.62 .15 34.42 26.35 FoxB FOX 1.7 11 29.39 –1.15 .25
24.98 18.99 CB FinSvcs CBFV 5.2 8 19.20 –2.57 .25 29.32 6.86 Clarus CLAR 1.2 dd 8.55 –1.18 .025 8.49 3.73 DallasNews DALN14.4 dd 4.44 +0.09 .16 8.87 1.12 EsperionTherap ESPR ... dd 1.40 +0.08 ... 127.54 69.28 FoxFactory FOXF ... 20 97.42 –13.45 ...
10.19 7.41 CCC Intelligent CCCS ... cc 8.93 +0.25 ... 11.36 9.79 CleanEarthA CLIN ... cc 10.33 +0.01 ... 120.75 61.34 Datadog DDOG ... dd 76.57 +9.19 ... 4.25 1.95 EtonPharm ETON ... dd 3.60 –0.03 ... 44.25 22.45 Franchise FRG 8.5 dd 29.41 +0.16 .625
215.00 147.91 CDW CDW 1.4 21 165.99 –3.60 .59 0.49 0.08 CleanEarthRt CLINR ... ... .19 ... ... 45.93 29.60 Dave&Buster's PLAY ... 13 36.33 +0.87 ... 149.91 67.01 Etsy ETSY ... dd 90.00 –11.03 ... 100.00 68.38 FranklinElec FELE .9 23 95.31 +5.84 .225
39.20 23.71 CEVA CEVA ... dd 25.62 +0.49 ... 8.58 3.84 CleanEnerFuels CLNE ... dd 4.29 +0.02 ... 111.04 5.01 Dave DAVE ... dd 5.03 –0.57 ... 123.40 71.60 EuronetWorldwide EEFT ... 19 110.25 –0.49 ... 5.64 2.85 FreightCarAmer RAIL ... dd 2.86 –0.11 ...
10.80 9.86 CFAcqnVII A CFFS ... ... 10.36 ... ... 134.90 30.00 Clearfield CLFD ... 9 35.27 –8.41 ... 2.28 1.08 DawsonGeophys DWSN ... dd 2.01 +0.10 ... 28.77 12.02 EuropeanWax EWCZ ... 97 18.11 –0.73 ... 7.89 4.92 FrequencyElec FEIM .0 dd 6.63 +0.09 1.00
13.24 2.85 C4 Therap CCCC ... dd 3.29 +0.27 ... 1.86 0.90 ClearsideBiomed CLSD ... dd 1.01 ... ... 28.35 5.44 DayOneBiopharm DAWN ... dd 13.68 +1.28 ... 3.29 0.02 EveloBiosci EVLO ... dd .14 –0.02 ... 5.59 0.35 FrequencyTherap FREQ ... dd .40 ... ...
121.23 86.60 CH Robinson CHRW 2.3 17 104.50 +3.63 .61 11.50 9.43 ClimateRockA CLRC ... dd 10.46 –1.04 ... 5.78 1.61 DecibelTherap DBTX ... dd 3.37 +0.15 ... 43.67 22.77 Everbridge EVBG ... dd 23.86 –2.42 ... 73.22 36.02 Freshpet FRPT ... dd 69.54 +0.57 ...
2.40 1.03 CLPS CLPS .0 dd 1.13 –0.01 .05 0.15 0.06 ClimateRockRt CLRCR ... ... .10 ... ... 22.76 9.01 DecipheraPharm DCPH ... dd 13.52 –0.69 ... 13.27 5.87 EverCommerce EVCM ... dd 12.22 +0.15 ... 18.14 10.51 FreshworksA FRSH ... dd 13.13 –0.23 ...
212.85 166.55 CME Group CME 2.4 24 185.13 –0.64 1.10 55.70 24.65 ClimbGlbl CLMB 1.4 16 48.37 +3.97 .17 30.11 8.71 DefinitiveHlthcr DH ... dd 10.21 –0.49 ... 11.47 9.93 EvergreenA EVGR ... 80 10.60 +0.05 ... 33.88 19.06 Frontdoor FTDR ... 27 29.78 +2.42 ...
28.50 16.48 CNB FinPA CCNE 3.9 6 17.97 –0.79 .175 3.55 0.71 CloverHealth CLOV ... dd .81 +0.07 ... 11.42 9.82 DenaliCapAcqnA DECA ... dd 10.54 –0.02 ... 71.58 54.12 Evergy EVRG 3.9 19 62.59 +0.48.6125 30.83 18.58 FrontierComms FYBR ... 11 19.68 –2.86 ...
21.50 6.54 CompassPath CMPS ... dd 8.04 +0.02 ... 54.53 29.91 CoastalFinl CCB ... 10 35.36 –0.89 ... 39.43 20.24 DenaliTherap DNLI ... dd 26.52 +1.68 ... 18.86 5.23 EverQuote EVER ... dd 6.59 –0.38 ... 15.25 7.61 Frontier ULCC ... 25 8.09 –1.40 ...
45.95 12.79 CPI Card PMTS ... 13 39.86 –2.01 ... 694.20 405.03 CocaColaCon COKE .3 14 655.84 +66.38 .50 43.24 26.48 DentsplySirona XRAY 1.4 dd 41.30 –0.63 .14 9.41 4.71 EverspinTech MRAM ... 31 7.42 +1.20 ... 5.50 1.77 FuelCell FCEL ... dd 2.46 +0.58 ...
128.10 78.35 CRA Intl CRAI 1.5 17 96.59 –8.55 .36 66.36 41.80 Coca-ColaEuro CCEP 2.8 19 65.60 +1.13 .74 82.02 56.19 DescartesSystems DSGX ... 65 76.34 –2.84 ... 12.65 3.64 EVgo EVGO ... dd 6.18 +0.19 ... 15.00 2.25 FulcrumTherap FULC ... dd 2.84 +0.34 ...
86.95 38.94 CRISPR Therap CRSP ... dd 55.79 +6.85 ... 13.03 2.85 Codexis CDXS ... dd 3.76 –0.16 ... 26.30 4.90 DesignTherap DSGN ... dd 7.58 +1.13 ... 14.34 6.51 Evolus EOLS ... dd 8.50 –0.24 ... 65.17 28.27 FulgentGenetics FLGT ... 7 33.93 +4.36 ...
66.58 48.59 CSG Systems CSGS 2.2 26 49.88 –2.80 .28 25.95 16.24 CodorusValleyBncp CVLY 3.9 7 16.55 –3.11 .16 7.57 3.27 DestinationXL DXLG ... 3 4.49 +0.10 ... 15.04 7.80 Evotec EVO ... dd 9.43 +0.19 ... 18.91 10.01 FultonFin FULT 5.7 6 10.47 –1.46 .15
14.98 6.68 CSP CSPI 1.0 18 12.60 –0.20 .03 21.42 1.03 CoeptisTherap COEP ... dd 1.41 +0.22 ... 3.53 2.56 Deswell DSWL 7.4 12 2.71 +0.06 .10 8.96 2.04 Exagen XGN ... dd 2.79 +0.25 ... 27.79 7.14 Funko FNKO ... dd 11.28 +1.42 ...
148.91 96.03 CSW Industrials CSWI .6 24 135.64 +0.97 .19 18.07 3.79 CogentBio COGT ... dd 11.22 +0.46 ... 126.44 66.89 DexCom DXCM ... cc 120.82 –0.52 ... 11.10 9.91 ExcelFinAcqnA XFIN ... cc 10.27 –0.02 ... 9.20 2.13 FusionFuelGreen HTOO ... ... 3.12 +0.22 ...
35.03 25.80 CSX CSX 1.4 16 31.86 +1.22 .11 75.00 46.75 CogentComm CCOI 5.4 cc 66.91 –2.13 .935 197.00 154.24 DiamondHillInvt DHIL 3.7 12 161.95 –0.17 1.50 22.47 14.87 Exelixis EXEL ... 35 19.48 +1.18 ... 5.22 1.98 FusionPharm FUSN ... dd 4.20 +0.35 ...
29.25 11.65 CVB Fin CVBF 6.5 7 12.23 –2.74 .20 58.12 40.21 Cognex CGNX .6 50 49.60 +1.91 .07 168.95 103.71 DiamondbkEner FANG 2.4 5 132.80 –9.40 .03 49.86 35.19 Exelon EXC 3.4 19 42.85 +0.41 .36 72.20 26.84 Futu FUTU ... 16 42.41 –1.86 ...
13.34 0.59 CabalettaBio CABA ... dd 12.58 +2.20 ... 6.27 1.07 CognitionTherap CGTX ... dd 1.56 –0.22 ... 43.68 18.92 DigiIntl DGII ... 43 31.49 +1.33 ... 191.18 126.17 ExlService EXLS ... 34 157.04 –21.34 ... 10.90 9.97 FutureTechIIA FTII ... cc 10.51 +0.01 ...
May 8, 2023 BARRON’S 43

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
G 27.55 5.40 HarrowHealth HROW ... dd 27.10 +1.87 ... 7.25 0.78 InflaRx IFRX ... dd 4.38 –0.49 ... 12.63 6.11 KimballIntl B KBAL 2.9 dd 12.23 –0.08 .09 M
17.88 5.00 Harte-Hanks HHS ... 1 6.07 –2.37 ... 7.76 4.15 InfoSvcsGrp III 3.2 13 5.00 –0.09 .04 10.13 1.77 KingsoftCloud KC ... dd 5.37 –0.36 ...
9.48 6.26 GCM Grosvenor GCMG 5.4 27 7.84 –0.23 .11 6.29 1.98 HarvardBioSci HBIO ... dd 6.16 +0.44 ... 102.99 78.32 InglesMarkets IMKTA .8 6 81.80 –10.24 .165 17.20 7.36 KiniksaPharm KNSA ... 5 13.69 +2.94 ... 76.56 42.85 Macom Tech MTSI ... 12 56.42 –1.92 ...
35.93 8.41 GDS Holdings GDS ... dd 14.74 –0.79 ... 92.68 45.75 Hasbro HAS 4.6 70 60.38 +1.16 .70 34.72 7.67 Inhibrx INBX ... dd 26.99 +5.99 ... 15.86 2.32 KinnateBio KNTE ... dd 2.87 +0.34 ... 10.60 9.82 MeliKaszek MEKA ... 4 10.27 +0.01 ...
87.83 53.00 GE HealthCare GEHC .2 ... 78.99 –2.35 .03 45.44 21.50 HashiCorp HCP ... dd 29.10 +2.29 ... 41.84 20.60 InMode INMD ... 17 33.69 –3.57 ... 7.40 2.55 Kirkland's KIRK ... dd 2.75 –0.30 ... 86.27 61.67 MGE Energy MGEE 2.1 25 78.01 +1.40.4075
17.41 5.70 GH Research GHRS ... dd 9.05 +0.65 ... 18.25 7.44 HawaiianHoldings HA ... dd 8.13 –0.20 ... 3.97 1.90 InnatePharma IPHA ... dd 3.00 +0.05 ... 4.52 0.51 Knightscope KSCP ... ... .53 –0.09 ... 125.74 89.01 MGP Ingredients MGPI .5 21 101.36 +2.68 .12
28.12 11.60 G-IIIApparel GIII ... dd 15.69 –0.01 ... 47.29 33.31 Hawkins HWKN 1.5 15 40.73 +0.39 .15 8.94 2.78 Innodata INOD ... dd 6.16 –0.46 ... 12.80 4.25 KodiakSciences KOD ... dd 4.71 +0.33 ... 125.56 64.77 MKS Instrum MKSI 1.0 34 88.52 +4.65 .22
17.49 2.38 G1Therapeutics GTHX ... dd 3.08 +0.21 ... 26.60 18.01 HawthornBcsh HWBK 3.7 7 18.50 –3.62 .17 116.00 83.13 Innospec IOSP 1.3 19 99.68 –1.95 .69 67.46 16.19 KornitDigital KRNT ... dd 18.24 –0.02 ... 11.70 0.50 MSP Recovery LIFW ... dd .55 –0.07 ...
66.83 36.08 GRAVITY GRVY ... 6 57.66 +4.37 ... 60.85 29.00 HaynesIntl HAYN 1.9 11 46.24 –0.77 .22 8.15 3.39 InnovAge INNV ... dd 6.84 +0.73 ... 44.87 32.73 KraftHeinz KHC 3.9 21 41.32 +2.05 .40 138.70 76.97 MYR Group MYRG ... 27 135.88 +7.89 ...
4.28 1.45 GSI Tech GSIT ... dd 1.63 +0.09 ... 18.30 6.40 HealthCatalyst HCAT ... dd 12.15 –0.45 ... 9.90 5.77 InnovSolSuprt ISSC ... 22 6.67 +0.22 ... 16.23 8.90 KratosDefense KTOS ... dd 13.57 +0.67 ... 11.84 6.96 Macatawa MCBC 3.7 7 8.76 –0.59 .08
11.15 9.78 GSRIIMeteoraA GSRM ... dd 10.37 +0.01 ... 11.00 9.88 HealthcareAI A HAIA ... 22 10.64 +0.17 ... 16.67 10.64 Innoviva INVA ... 6 11.75 +0.02 ... 16.06 10.21 KrispyKreme DNUT .9 dd 14.97 –0.41 .035 7.71 2.13 Macrogenics MGNX ... dd 7.11 +0.22 ...
3.00 0.50 GSRIIMeteoraRt GSRMR ... ... 1.20 –0.04 ... 18.74 11.55 HealthcareSvcs HCSG .0 31 15.11 –0.50 .215 32.01 11.60 Inogen INGN ... dd 13.01 –0.30 ... 5.74 1.20 KronosBio KRON ... dd 1.92 +0.27 ... 322.67 57.15 MadrigalPharm MDGL ... dd 306.37 –5.63 ...
5.49 2.05 Gaia GAIA ... dd 3.04 ... ... 79.20 48.86 HealthEquity HQY ... dd 54.75 +1.30 ... 2.82 0.69 InovioPharm INO ... dd .82 +0.04 ... 90.53 47.67 KrystalBiotech KRYS ... dd 84.24 +0.24 ... 2.24 0.32 MagentaTherap MGTA ... dd .71 –0.07 ...
6.19 2.33 GainTherap GANX ... dd 5.50 +0.47 ... 27.69 18.81 HealthStream HSTM .4 62 23.77 –0.87 .025 6.50 0.99 InozymePharma INZY ... dd 5.89 +0.38 ... 58.81 35.95 Kulicke&Soffa KLIC 1.6 13 46.80 –0.86 .19 20.24 12.43 MagicSoftware MGIC 4.4 17 13.61 +0.20 .30
60.83 36.17 Galapagos GLPG ... dd 42.89 +3.89 ... 18.17 13.15 HeartlandExp HTLD .5 9 15.00 +0.52 .02 3.22 0.47 Inseego INSG ... dd .89 +0.29 ... 19.93 9.49 KuraOncology KURA ... dd 11.39 +1.65 ... 14.21 5.59 Magnite MGNI ... dd 8.58 –0.82 ...
2.95 1.04 Galecto GLTO ... dd 2.14 +0.38 ... 51.61 27.52 HeartlandFinUSA HTLF 4.1 6 29.12 –3.44 .30 10.71 9.78 InsightAcqnA INAQ ... 26 10.24 –0.01 ... 96.60 30.95 KuraSushiUSA KRUS ... dd 65.44 –3.48 ... 13.45 9.64 MagyarBancorp MGYR 1.2 8 10.04 –0.38 .03
3.34 1.12 GaleraTherap GRTX ... dd 3.25 +0.52 ... 35.59 22.79 Heidrick&Strug HSII 2.4 7 25.06 –0.05 .15 144.84 81.11 InsightEnt NSIT ... 17 124.78 +3.83 ... 39.85 13.15 KymeraTherap KYMR ... dd 29.01 –2.53 ... 34.68 21.36 MakeMyTrip MMYT ... dd 25.30 +1.86 ...
10.71 6.62 Gambling.com GAMB ... cc 9.86 +0.04 ... 211.62 81.14 HelenofTroy HELE ... 17 99.08 –1.26 ... 28.94 16.04 Insmed INSM ... dd 19.40 –0.10 ... 70.87 46.30 MalibuBoats MBUU ... 7 57.50 +0.75 ...
3.66 0.56 GamidaCell GMDA ... dd 1.65 +0.05 ... L 18.45 14.11 MalvernBancorp MLVF ... 16 14.65 –0.65 ...
11.54 4.10 HelloGroup MOMO .0 8 8.35 –0.01 .70 6.40 0.69 Inspirato ISPO ... dd .75 –0.01 ...
55.13 41.97 Gaming&Leisure GLPI 5.6 18 51.05 –0.95 .25 11.00 7.36 HennessyAdvsrs HNNA 7.4 10 7.46 –0.06.1375 8.74 0.47 InstilBio TIL ... dd .65 ... ... 10.71 9.90 LamfGlbI A LGVC ... cc 10.47 –0.01 ... 8.79 1.62 MammothEnergy TUSK ... 8 3.83 +0.14 ...
12.02 9.90 GardinerHlthcr GDNR ... dd 10.61 –0.03 ... 10.57 9.60 HennessyCapVI HCVI ... 30 10.15 +0.02 ... 335.91 181.00 Insulet PODD ... cc 328.76 +10.72 ... 10.85 9.94 LavaMedtech LVAC ... 33 10.42 –0.01 ... 175.00 106.02 ManhattanAssoc MANH ... 78 168.92 +3.24 ...
8.65 5.57 GarrettMotion GTX ... 11 7.97 –0.29 ... 89.72 64.75 HenrySchein HSIC ... 20 79.75 –1.06 ... 47.04 13.52 Intapp INTA ... dd 37.77 –2.55 ... 7.38 1.37 LavaTherap LVTX ... dd 1.58 +0.07 ... 33.14 11.91 Mannatech MTEX 6.2 dd 13.00 +0.60 .20
26.83 15.52 GenDigital GEN 2.9 19 17.15 –0.52 .125 14.87 6.69 HeritageCommerce HTBK 7.2 6 7.22 –1.28 .13 62.99 40.67 IntegraLifeSci IART ... 25 50.74 –4.58 ... 10.59 9.94 LFCapAcqnIIA LFAC ... cc 10.54 –0.01 ... 5.73 2.61 MannKind MNKD ... dd 3.96 +0.11 ...
82.39 7.26 GeneDx WGS ... dd 8.55 –0.48 ... 38.85 24.00 HeritageCrystal HCCI ... 9 33.63 –1.33 ... 11.12 9.79 IntegralAcqn1 INTE ... dd 10.37 +0.03 ... 126.37 71.73 LGI Homes LGIH ... 10 115.50 –3.30 ... 35.82 12.16 MaravaiLifeSci MRVI ... 9 14.47 +0.68 ...
8.72 3.40 GenerationBio GBIO ... dd 4.68 –0.24 ... 34.34 14.85 HeritageFin HFWA 5.5 7 15.99 –1.62 .22 17.68 6.63 IntegralAd IAS ... cc 16.60 +0.87 ... 10.55 9.90 LIVCapAcqnII A LIVB ... ... 10.53 +0.02 ... 10.38 9.85 MarblegateAcqn GATE ... cc 10.14 +0.07 ...
27.37 9.97 GenesisGrowthA GGAA ... dd 10.72 +0.08 ... 22.46 14.49 HertzGlobal HTZ ... 5 16.37 –0.31 ... 45.15 24.59 Intel INTC 1.6 dd 30.99 –0.07 .125 59.33 46.20 LKQ LKQ 1.9 14 57.07 –0.66 .275 2.32 1.23 Marchex MCHX ... dd 1.86 –0.01 ...
11.49 9.92 GenesisUnicornA GENQ ... dd 10.64 +0.02 ... 30.36 8.20 Hesai HSAI ... dd 9.52 +0.50 ... 76.45 32.44 IntelliaTherap NTLA ... dd 43.90 +6.15 ... 271.56 165.47 LPL Financial LPLA .6 15 190.82 –18.02 .30 2.38 0.68 MarinSoftware MRIN ... dd .68 –0.08 ...
1.75 0.73 Genetron GTH ... dd .94 –0.01 ... 75.38 39.58 Hibbett HIBB 1.9 6 53.95 –0.38 .25 3.37 1.33 Intellicheck IDN ... dd 2.24 +0.03 ... 16.00 5.41 LSI Inds LYTS 1.6 16 12.39 –0.30 .05 9.34 3.47 MarinusPharm MRNS ... dd 8.93 –0.17 ...
5.05 3.02 Genfit GNFT ... dd 4.48 +0.48 ... 37.36 14.91 HighPeakEner HPK .6 9 16.14 –3.62 .025 4.63 1.37 Inter INTR ... dd 1.76 +0.01 ... 15.00 9.61 LakeShoreBancorp LSBK 6.4 10 11.28 +0.15 .18 399.78 217.44 MarketAxess MKTX 1.0 44 300.33 –18.04 .72
47.50 26.19 Genmab GMAB ... 35 40.37 –0.64 ... 24.42 7.90 HilleVax HLVX ... dd 14.10 +0.10 ... 161.17 64.52 InterParfums IPAR 1.6 40 152.66 +0.87 .625 20.02 11.89 LakelandBcp LBAI 4.5 8 12.79 –1.55 .145 4.17 1.45 MarketWise MKTW ... 2 1.66 –0.18 ...
31.48 23.28 Gentex GNTX 1.7 20 28.11 +0.52 .12 12.45 6.60 HillmanSolns HLMN ... dd 8.13 –0.27 ... 90.19 52.18 InteractiveBrkrs IBKR .5 17 76.55 –1.30 .10 83.57 44.25 LakelandFin LKFN 3.9 12 47.63 –3.04 .46 12.06 3.46 Marqeta MQ ... dd 4.31 +0.26 ...
76.13 49.45 Gentherm THRM ... 97 59.86 +0.21 ... 10.23 4.81 HimaxTechs HIMX18.3 5 6.78 +0.14 1.25 8.50 4.80 InteractStrength TRNR ... ... 4.85 –1.76 ... 18.35 11.13 LakelandInd LAKE 1.0 49 11.89 –0.16 .03 183.27 131.01 Marriott MAR .9 21 176.57 +7.23 .40
8.83 3.76 GeospaceTech GEOS ... dd 7.49 +0.27 ... 335.53 173.51 HinghamSvg HIFS 1.3 12 185.09 –9.47 .63 21.86 10.81 InterceptPharm ICPT ... 3 16.16 –1.16 ... 11.76 9.89 LakeshoreAcqnII LBBB ... cc 10.51 +0.05 ... 10.64 10.15 MarsAcqn MARX ... ... 10.21 +0.02 ...
40.70 26.03 GermanAmBncp GABC 3.6 9 27.66 –1.41 .25 20.43 13.70 HollysysAuto HOLI ... 9 15.84 –0.12 ... 7.59 1.73 Intercure INCR ... 8 2.27 –0.06 ... 548.85 299.59 LamResearch LRCX 1.3 15 529.76 +5.681.725 0.24 0.15 MarsAcqnRt MARXR ... ... .18 –0.04 ...
3.84 1.18 Geron GERN ... dd 2.76 +0.30 ... 87.88 59.78 Hologic HOLX ... 28 83.74 –2.27 ... 81.00 40.23 InterDigital IDCC 1.7 26 80.70 +12.96 .35 111.49 81.10 LamarAdv LAMR 5.2 23 96.52 –9.16 1.25 23.43 16.00 MartenTransport MRTN 1.2 16 20.60 +0.41 .06
57.54 36.58 GibraltarInds ROCK ... 20 54.35 +4.31 ... 43.45 27.75 HomeBancorp HBCP 3.3 6 30.00 –1.33 .25 15.05 7.15 Interface TILE .5 24 7.46 –0.38 .01 220.65 116.85 LancasterColony LANC 1.6 59 218.84 +9.72 .85 5.02 2.39 MartinMidstream MMLP .8 dd 2.55 –0.07.005
62.00 4.14 GigaCloudTech GCT ... 10 5.05 –0.48 ... 4.65 0.99 HomePtCap HMPT 9.1 dd 1.76 –0.21 .04 53.71 38.00 IntlBcshs IBOC 3.0 8 41.98 –0.69 .63 25.90 19.32 LandmarkBncp LARK 4.3 10 19.71 –0.62 .21 61.50 33.75 MarvellTech MRVL .6 dd 40.97 +1.49 .06
11.25 9.97 GigCapital5 GIA ... dd 10.72 –0.06 ... 41.63 4.76 HomeStreet HMST 6.3 2 6.34 –3.42 .10 7.54 4.29 Intevac IVAC ... dd 5.00 –1.33 ... 188.47 137.15 LandstarSystem LSTR .7 17 180.81 +4.78 .30 198.00 108.89 Masimo MASI ... 72 187.90 –1.24 ...
7.33 4.51 GilatSatellite GILT ... dd 5.21 +0.49 ... 30.79 19.00 HomeTrustBcshs HTBI 2.0 9 19.60 –1.27 .10 99.32 47.46 Lantheus LNTH ... cc 94.06 +8.61 ... 35.29 18.49 MasterCraftBoat MCFT ... 9 28.77 –0.50 ...
66.09 42.01 Intra-Cellular ITCI ... dd 63.30 +1.15 ...
89.74 57.17 GileadSciences GILD 3.8 18 79.75 –2.46 .75 3.30 0.86 HomologyMed FIXX ... dd 1.00 +0.05 ... 10.80 2.92 LanzaTechGlobal LNZA ... dd 3.45 +0.01 ... 87.46 32.87 MatchGroup MTCH ... 32 33.22 –3.68 ...
490.83 339.36 Intuit INTU .7 63 425.95 –18.00 .78
70.96 26.24 GitLab GTLB ... dd 27.71 –2.65 ... 4.51 1.47 Honest HNST ... dd 1.60 –0.06 ... 10.19 4.47 Largo LGO ... dd 4.61 –0.12 ... 16.44 7.30 Materialise MTLS ... cc 9.06 +0.07 ...
136.00 6.80 IntuitiveMachinesA LUNR ... dd 7.02 –0.73 ...
12.08 8.21 GladstoneCap GLAD10.2 20 9.42 –0.23 .08 220.96 166.63 Honeywell HON 2.1 26 198.42 –1.42 1.03 6.85 1.53 LarimarTherap LRMR ... dd 4.73 ... ... 9.52 3.31 MatrixService MTRX ... dd 5.45 +0.69 ...
308.46 180.07 IntuitiveSurgical ISRG ... 83 304.88 +3.66 ...
21.15 11.29 GladstoneComm GOOD10.4 dd 11.59 –0.35 .10 22.10 12.90 HookerFurnishings HOFT 5.8 dd 15.10 –0.71 .22 11.42 9.93 LatAmGrowthA LATG ... 14 10.56 +0.02 ... 26.59 15.36 Mattel MAT ... 25 18.19 +0.19 ...
11.75 2.22 Inventiva IVA ... dd 2.86 +0.14 ...
15.89 11.40 GladstoneInvt GAIN 7.1 9 13.55 –0.26 .08 15.73 7.42 HopeBancorp HOPE 7.0 5 8.05 –1.05 .14 3.38 0.49 Latch LTCH ... dd .75 –0.04 ... 7.45 2.20 Matterport MTTR ... dd 2.59 +0.26 ...
23.72 11.16 Investar ISTR 3.1 4 12.15 –1.27 .095
35.45 14.99 GladstoneLand LAND 3.5 dd 15.86 –0.25.046 20.64 8.05 HorizonBancorp HBNC 7.4 4 8.60 –1.93 .16 12.25 2.12 Latham SWIM ... dd 2.42 +0.01 ... 40.49 22.12 MatthewsIntl MATW 2.4 dd 38.08 +0.21 .23
5.20 3.24 InvestcpCredit ICMB15.5 dd 3.36 –0.16 .02
11.19 9.75 GlblBlockchain GBBK ... cc 10.35 +0.03 ... 10.27 10.10 HorizonSpaceI HSPO ... ... 10.27 +0.02 ... 96.82 43.41 LatticeSemi LSCC ... 59 84.34 +4.64 ... 7.50 3.36 MaxCyte MXCT ... dd 4.76 –0.24 ...
11.39 9.94 InvestcorpEur I A IVCB ... ... 10.53 –0.04 ...
0.24 0.04 GlbBlockchainRt GBBKR ... ... .10 ... ... 1.03 0.10 HorizonSpaceI Rt HSPOR ... ... .13 +0.01 ... 13.35 9.24 LaureateEduc LAUR .0 31 12.32 –0.07 .68 33.23 8.85 MaxeonSolar MAXN ... dd 27.39 –0.72 ...
10.65 9.95 InvestcorpIndiaA IVCA ... 51 10.62 +0.05 ...
37.65 15.63 Global-EOnline GLBE ... dd 30.93 +3.05 ... 13.96 9.67 HorizonTechFin HRZN11.4 13 11.62 –0.25 .11 15.82 4.72 Lavoro LVRO ... 23 5.49 +0.08 ... 44.73 23.05 MaxLinear MXL ... 19 23.83 –0.30 ...
179.74 125.80 InvestorsTitle ITIC 1.3 12 146.00 –2.78 .46
11.00 10.00 GlobalStarA GLST ... dd 10.38 +0.03 ... 113.83 57.84 HorizonTherap HZNP ... 71 112.38 +1.22 ... 23.51 10.09 LeeEnterprises LEE ... dd 10.85 –0.48 ... 111.70 73.29 McGrathRent MGRC 2.1 19 90.26 +1.38 .465
4.90 1.03 Invivyd IVVD ... dd 1.19 +0.09 ...
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

11.52 9.91 GlblTechAcqnI GTAC ... 20 10.42 –0.47 ... 21.25 14.51 HostHotels HST 2.7 16 17.76 +1.59 .12 23.33 11.96 LegacyHousing LEGH ... 8 22.49 +0.89 ... 9.35 5.42 MedallionFin MFIN 5.2 3 6.12 +0.18 .08
48.82 31.46 IonisPharm IONS ... dd 36.20 +0.83 ...
15.00 10.44 GlobalWaterRscs GWRS 2.7 36 10.95 –0.02.0248 3.10 0.53 HubCyberSecurity HUBC ... ... .61 –0.21 ... 15.23 6.89 LegalZoom LZ ... dd 7.84 –1.54 ... 2.77 1.89 MediciNova MNOV ... dd 2.16 +0.05 ...
15.65 5.28 IovanceBiotherap IOVA ... dd 6.85 +1.21 ...
72.50 36.81 GlobalFoundries GFS ... 23 59.41 +0.61 ... 104.67 66.50 HubGroup HUBG ... 7 74.04 –1.36 ... 70.15 32.87 LegendBiotech LEGN ... dd 66.99 –1.72 ... 15.72 8.05 MediWound MDWD ... dd 10.95 –0.56 ...
7.99 1.65 iQIYI IQ ... dd 6.01 –0.09 ...
10.90 9.89 GlobalinkInvt GLLI ... cc 10.47 +0.03 ... 11.70 10.01 HudsonAcqnI HUDA ... dd 10.26 +0.02 ... 68.06 38.32 LeMaitreVascular LMAT .8 73 67.58 +13.58 .14 241.48 128.99 Medpace MEDP ... 26 206.79 +6.65 ...
164.69 85.74 iRhythmTechs IRTC ... dd 124.79 –6.61 ...
0.26 0.01 GlobalinkInvtRt GLLIR ... ... .10 +0.02 ... 1.35 0.14 HudsonAcqnIRt HUDAR ... ... .20 +0.01 ... 78.17 16.02 LendingTree TREE ... dd 18.65 –5.18 ... 45.49 2.60 MeihuaIntlMed MHUA ... ... 3.14 –0.46 ...
3.50 1.96 Iridex IRIX ... dd 2.28 –0.03 ...
4.16 0.51 GlycoMimetics GLYC ... dd 1.53 +0.13 ... 44.00 20.36 HudsonGlobal HSON ... 10 22.68 +0.93 ... 15.74 7.51 LeonardoDRS DRS ... 6 15.73 +0.68 ... 11.58 4.77 MeiraGTx MGTX ... dd 6.15 +0.80 ...
68.34 32.88 IridiumComm IRDM .8 cc 64.11 +0.64 .13
21.78 11.57 Gogo GOGO ... 19 12.65 –0.76 ... 2.08 0.45 HuizeHolding HUIZ ... dd 1.18 –0.07 ... 5.99 3.02 LesakaTech LSAK ... dd 3.48 –0.13 ... 14.46 4.06 MelcoResorts MLCO ... dd 13.01 –0.63 ...
9.81 1.02 IrisEnergy IREN ... ... 3.73 –0.27 ...
7.90 2.83 Gogoro GGR ... dd 3.40 +0.04 ... 7.06 1.96 Humacyte HUMA ... dd 4.61 +1.37 ... 20.30 10.06 Leslie's LESL ... 17 10.92 +0.07 ... 1337.75 600.68 MercadoLibre MELI ... cc 1243.59 –33.90 ...
60.25 35.41 iRobot IRBT ... dd 37.45 –1.88 ...
30.66 20.01 GolarLNG GLNG ... ... 21.19 –1.51 ... 200.64 153.92 JBHunt JBHT .9 20 179.12 +3.83 .42 3.79 1.31 LexiconPharm LXRX ... dd 3.49 +1.10 ... 39.03 24.01 MercantileBank MBWM 5.2 6 25.49 –2.57 .33
12.66 9.73 IronwoodPharm IRWD ... 11 10.67 +0.26 ...
50.47 32.53 GoldenEnt GDEN ... 16 40.31 –1.85 ... 15.74 9.21 HuntingtonBcshs HBAN 6.3 6 9.85 –1.35 .155 3.86 1.26 LexinFintech LX ... 4 2.48 +0.09 ... 11.16 9.91 MercatoPtrsA MPRA ... 22 10.44 +0.01 ...
11.25 10.13 IsraelAcqns ISRL ... ... 10.31 +0.01 ...
16.46 7.24 GoldenOcean GOGL19.3 4 8.54 –0.61 .20 30.41 20.93 Hurco HURC 2.9 24 21.79 –0.64 .16 41.49 12.52 LiAuto LI ... dd 23.93 +0.43 ... 17.50 8.38 MercerIntl MERC 3.3 2 9.11 –0.63 .075
28.05 12.52 iTeosTherap ITOS ... 6 14.25 +0.51 ...
15.34 11.94 GolubCapital GBDC10.0 20 13.26 –0.22 .33 87.44 51.96 HuronConsulting HURN ... 24 73.26 –11.53 ... 3.33 1.07 LianBio LIAN ... dd 2.25 +0.02 ... 65.42 34.13 MercurySystems MRCY ... dd 40.14 –7.53 ...
69.35 39.38 Itron ITRI ... dd 68.50 +15.10 ...
13.20 3.82 GoodRx GDRX ... dd 4.60 –0.07 ... 3.70 0.78 Hut8Mining HUT ... dd 1.88 +0.09 ... 123.74 68.15 LibertyBroadbandA LBRDA ... 12 79.78 –4.75 ... 17.38 7.80 Meridian MRBK 5.8 5 8.60 –0.75 .125
27.52 20.35 IturanLocation ITRN 2.7 11 20.92 +0.12 .14
15.69 9.66 Goodyear GT ... 16 11.43 +0.76 ... 8.75 1.17 Hydrofarm HYFM ... dd 1.36 –0.21 ... 126.62 68.67 LibertyBroadbandC LBRDK ... 12 80.12 –4.66 ... 85.08 50.46 MeritMedical MMSI ... 58 84.82 +3.53 ...
71.04 29.23 GooseheadIns GSHD ... cc 60.06 +2.56 ... J 25.13 15.22 LibertyGlobal A LBTYA ... 49 18.97 –0.54 ... 13.66 3.00 MerrimackPharm MACK ... dd 12.72 +0.31 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

3.74 0.68 Hyperfine HYPR ... dd 1.46 +0.05 ...


8.15 4.03 GoPro GPRO ... 25 4.35 +0.07 ... 7.80 4.93 Hywin HYW ... 5 6.18 –0.17 ... 27.87 10.65 JakksPacific JAKK ... 3 23.46 +1.06 ... 26.11 16.16 LibertyGlobal C LBTYK ... 51 19.79 –0.55 ... 8.34 2.68 MersanaTherap MRSN ... dd 7.18 +2.80 ...
10.76 9.60 GoresIX A GHIX ... 41 10.13 –0.01 ... 5.22 0.65 HyzonMotors HYZN ... dd .82 –0.01 ... 165.90 117.45 J&JSnackFoods JJSF 1.7 68 162.80 +9.60 .70 10.01 5.90 LibertyLatAmA LILA ... dd 8.23 –0.64 ... 30.81 12.03 Merus MRUS ... dd 20.80 +1.62 ...
15.20 0.91 GossamerBio GOSS ... dd 1.36 +0.07 ... 68.29 33.17 JD.com JD 1.7 39 35.88 +0.16 .62 9.98 5.88 LibertyLatAmC LILAK ... dd 8.22 –0.66 ... 3.82 1.03 MesaAir MESA ... dd 2.00 –0.11 ...
I 69.12 45.01 LibertyFormOne A FWONA ... 29 65.72 +0.94 ... 227.81 114.21 MesaLab MLAB .4 dd 166.68 +0.17 .16
4.03 2.19 Grab GRAB ... dd 3.02 +0.11 ... 11.55 1.42 Joann JOAN23.5 dd 1.87 +0.14 .11
5.69 1.40 GracellBiotech GRCL ... dd 2.07 +0.33 ... 90.68 41.52 IAC IAC ... dd 53.10 +1.33 ... 42.84 21.38 Joyy YY 6.8 44 29.86 –0.57 .51 76.15 50.00 LibertyFormOne C FWONK ... 33 73.47 +1.28 ... 4.35 2.14 Mesoblast MESO ... dd 3.36 +0.41 ...
124.53 78.37 GrandCanyonEduc LOPE ... 19 112.09 –6.61 ... 31.40 14.85 IBEX IBEX ... 20 18.98 –1.49 ... 212.62 139.28 JackHenry JKHY 1.4 32 152.93 –10.41 .52 40.95 24.50 LibertyBraves A BATRA ... 35 39.43 +0.26 ... 244.92 88.09 MetaPlatforms META ... 29 232.78 –7.54 ...
4.48 1.59 GraphiteBio GRPH ... dd 3.38 +0.19 ... 121.28 88.98 ICF Intl ICFI .5 33 112.68 –1.32 .14 94.93 54.80 JackintheBox JACK 1.9 15 92.78 +0.09 .44 39.99 23.34 LibertyBraves C BATRK ... 34 38.54 +0.52 ... 11.00 9.80 MetalSkyStar MSSA ... ... 10.44 +0.04 ...
14.57 7.80 GreatElmCap GECC17.1 dd 8.20 +0.11 .35 208.00 128.90 ICU Medical ICUI ... dd 184.67 –4.47 ... 0.56 ... JaguarGlbGrwI Rt JGGCR ... ... .13 +0.01 ... 45.26 25.05 LibertySirius A LSXMA ... 10 28.95 +0.85 ... 0.22 0.06 MetalSkyStarRt MSSAR ... ... .15 ... ...
2.55 1.47 GreatElm GEG ... 37 2.02 +0.01 ... 21.00 8.14 IDEAYA Bio IDYA ... dd 19.07 +0.81 ... 12.38 9.97 JaguarGlblGrowthI JGGCU ... ... 10.58 +0.15 ... 48.43 25.35 LibertySirius B LSXMB ... 10 28.60 +2.42 ... 54.83 28.73 Methanex MEOH 1.7 12 44.45 –0.34 .185
15.40 4.75 GreatLakesDredge GLDD ... dd 5.75 +0.02 ... 515.79 317.06 IdexxLab IDXX ... 59 488.49 –3.67 ... 11.53 9.82 JaguarGlbGrwI A JGGC ... 57 10.46 –0.01 ... 45.20 25.02 LibertySirius C LSXMK ... 10 28.81 +0.87 ... 24.34 13.10 MetroCityBkshs MCBS 4.8 6 14.96 –1.39 .18
64.16 45.39 GreatSouthernBncp GSBC 3.2 8 50.68 –0.20 .40 46.70 25.22 IES Holdings IESC ... 23 43.75 +0.56 ... 26.60 18.78 JamesRiver JRVR 1.0 39 20.73 +1.26 .05 10.85 9.95 LibertyRscsA LIBY ... dd 10.65 ... ... 87.76 54.33 MicrochipTech MCHP 1.9 19 75.18 +2.19 .358
41.25 26.33 GreenPlains GPRE ... dd 31.83 –2.34 ... 28.20 9.74 IGM Biosci IGMS ... dd 12.78 +1.95 ... 28.98 17.16 JamfHolding JAMF ... dd 17.78 –1.14 ... 93.67 8.43 LibertyTripAdvB LTRPB ... 57 18.69 –2.81 ... 75.41 48.43 MicronTech MU .8 44 61.23 –3.13 .115
14.40 11.05 GreenPlainsPtrs GPP 14.2 8 12.79 –0.43 .455 13.00 2.73 I-Mab IMAB ... ... 3.03 –0.05 ... 23.64 9.39 JanuxTherap JANX ... dd 14.75 –0.57 ... 1.68 0.57 LibertyTripAdvA LTRPA ... 2 .64 –0.07 ... 311.97 213.43 Microsoft MSFT .9 34 310.65 +3.39 .68
11.12 9.98 GreenVisorI A GVCI ... 22 10.61 ... ... 71.11 48.33 IndusRealty INDT 1.1 cc 66.66 +0.09 .18 163.31 125.36 JazzPharm JAZZ ... dd 139.40 –1.07 ... 11.96 1.52 LifecoreBiomed LFCR ... dd 4.40 +0.15 ... 361.97 132.56 MicroStrategy MSTR ... dd 326.72 –1.66 ...
6.33 0.22 GreenidgeGen GREE ... dd .45 –0.04 ... 3.95 1.02 IN8bio INAB ... dd 2.33 +0.87 ... 10.97 6.18 JetBlue JBLU ... dd 7.02 –0.12 ... 3.22 1.14 LifeMD LFMD ... dd 1.51 –0.16 ... 5.76 0.88 Microvast MVST ... dd 1.16 +0.11 ...
8.39 0.27 Greenlane GNLN ... dd .31 ... ... 7.99 1.72 IO Biotech IOBT ... dd 2.15 +0.24 ... 27.96 16.36 JFrog FROG ... dd 20.99 +2.42 ... 10.50 4.22 LifeStanceHealth LFST ... dd 8.28 +0.13 ... 5.96 1.82 MicroVision MVIS ... dd 2.18 +0.18 ...
9.08 0.23 GreenLightBio GRNA ... dd .24 –0.08 ... 134.81 79.88 IPG Photonics IPGP ... 61 118.17 +3.19 ... 186.01 0.69 JianzhiEduc JZ ... ... 1.12 –0.16 ... 12.44 4.75 LifetimeBrands LCUT 3.4 dd 5.02 +0.12.0425 34.99 18.25 MidPennBancorp MPB 4.0 6 20.13 –2.49 .20
10.49 6.96 GreenlightCapRe GLRE ... 18 10.14 +0.36 ... 30.84 18.59 i3Verticals IIIV ... dd 23.24 –0.01 ... 4.82 1.57 Jiayin JFIN ... 1 4.74 +0.54 ... 8.10 4.55 LifewayFoods LWAY ... cc 6.01 ... ... 13.69 10.01 MidCapFin MFIC13.5 26 11.25 –0.07 .38
13.34 5.71 Grifols GRFS ... 23 7.44 –0.02 ... 38.25 8.85 IVERICbio ISEE ... dd 38.02 +5.13 ... 76.17 46.30 JohnsonOutdoors JOUT 1.9 17 64.24 +6.24 .31 85.70 46.83 LigandPharm LGND ... 63 79.33 +2.98 ... 162.02 120.30 Middleby MIDD ... 18 146.09 +5.21 ...
28.98 9.66 GrindrodShipping GRIN 1.1 2 10.57 –1.30 .03 10.92 9.78 IXAcqnA IXAQ ... 32 10.38 –0.07 ... 13.02 3.90 JupiterWellnessA JWAC ... cc 6.86 –2.69 ... 68.55 40.10 Light&Wonder LNW ... dd 59.50 –0.79 ... 96.19 66.51 MiddlesexWater MSEX 1.7 36 73.89 +0.91.3125
5.85 1.71 Gritstone GRTS ... dd 2.52 +0.14 ... 55.55 28.29 IcahnEnterprises IEP 21.0 dd 38.13 –12.672.00 0.54 0.06 JupiterWellnessRt JWACR ... ... .39 +0.01 ... 3.37 0.37 Lilium LILM ... ... .82 +0.40 ... 28.88 17.98 MidlandStBncp MSBI 6.1 5 19.53 –0.47 .30
46.37 25.71 GroceryOutlet GO ... 46 29.65 –0.13 ... 39.73 21.04 Ichor ICHR ... 11 28.49 +0.64 ... 17.90 10.44 Limoneira LMNR 1.8 15 16.86 +0.15 .075 35.58 17.80 MidWestOneFin MOFG 5.0 6 19.40 –1.30.2425
K
18.42 3.27 Groupon GRPN ... dd 3.46 –0.12 ... 9.74 2.10 iClickInteract ICLK ... dd 2.38 –0.70 ... 7.93 4.59 LincolnEduc LINC ... 16 5.73 –0.10 ... 9.85 3.10 MilestonePharm MIST ... dd 3.59 –0.04 ...
10.76 9.68 GrowthforGoodA GFGD ... cc 10.29 ... ... 249.62 171.43 Icon ICLR ... 31 189.79 –2.90 ... 429.46 250.20 KLA KLAC 1.3 16 385.66 –0.88 1.30 176.52 118.17 LincolnElectric LECO 1.5 21 170.46 +2.66 .64 33.46 15.23 MillerKnoll MLKN 4.7 18 15.89 –1.12.1875
91.73 46.53 GrAeroportuario OMAB 4.1 19 84.88 –2.60.4944 16.45 2.28 Icosavax ICVX ... dd 6.70 +1.19 ... 18.63 3.64 KLX Energy KLXE ... dd 9.59 –0.38 ... 22.59 11.39 LiquiditySvcs LQDT ... 14 14.07 +1.00 ... 24.11 10.22 MillicomIntl TIGO ... 75 18.06 +0.15 ...
62.75 20.67 GuardantHealth GH ... dd 23.65 +1.09 ... 15.75 2.69 iHeartMedia IHRT ... dd 2.95 –0.53 ... 12.10 6.89 KVH Inds KVHI ... 7 10.45 –0.07 ... 281.78 192.19 Littelfuse LFUS .9 19 263.13 +20.89 .60 2.80 1.89 Mind CTI MNDO12.6 7 1.91 –0.06 .24
5.74 3.10 GulfIslandFab GIFI ... dd 3.45 –0.03 ... 7.64 1.94 IkenaOncology IKNA ... dd 7.31 +1.83 ... 0.55 0.06 KairousAcqnRt KACLR ... ... .16 –0.03 ... 70.57 40.26 LivaNova LIVN ... dd 47.48 –0.42 ... 21.98 12.62 MineralysTherap MLYS ... ... 15.67 +2.22 ...
4.95 2.50 Gulf Resources GURE ... 3 2.90 +0.19 ... 283.00 173.45 Illumina ILMN ... dd 199.66 –5.90 ... 107.41 56.79 KaiserAlum KALU 4.9 dd 63.02 –2.70 .77 19.96 3.57 LivePerson LPSN ... dd 4.60 –0.03 ... 101.30 32.96 MiratiTherap MRTX ... dd 45.96 +1.65 ...
9.25 4.28 Immersion IMMR 1.7 8 7.10 +0.51 .03 2.80 1.32 Kaltura KLTR ... dd 1.79 –0.06 ... 3.41 1.40 LiveVox LVOX ... dd 2.79 –0.07 ... 30.55 17.32 MirumPharm MIRM ... dd 26.23 –0.62 ...
H 16.17 3.70 Immuneering IMRX ... dd 7.98 –3.00 ... 17.06 4.12 KalVistaPharm KALV ... dd 9.62 +1.09 ... 4.93 0.43 LixiangEduc LXEH ... ... .72 +0.21 ... 13.32 0.61 Missfresh MF ... ... .68 –0.62 ...
56.47 26.12 H&E Equipment HEES 3.3 9 33.60 –2.90 .275 11.76 1.11 Immunic IMUX ... dd 1.66 ... ... 5.43 3.72 Kamada KMDA ... dd 4.99 +0.33 ... 25.00 14.43 LoganRidgeFin LRFC ... dd 20.40 –0.83 ... 16.96 9.81 MissionProduce AVO ... dd 11.80 +0.41 ...
23.49 16.09 HBT Finl HBT 3.9 9 17.27 –0.37 .17 7.80 1.21 ImmunityBio IBRX ... dd 5.54 +2.74 ... 3.30 2.00 KandiTech KNDI ... dd 2.98 –0.20 ... 10.97 9.68 LogisticsInnovA LITT ... 26 10.19 –0.04 ... 48.11 24.85 Mobileye MBLY ... dd 37.61 –0.03 ...
2.79 1.08 HCW Biologics HCWB ... dd 1.48 +0.05 ... 69.06 25.01 Immunocore IMCR ... dd 59.83 +1.78 ... 29.44 9.74 Kanzhun BZ ... cc 18.71 +0.22 ... 68.17 41.81 LogitechIntl LOGI 1.5 29 64.33 +4.87.9781 10.91 9.96 MobivAcqn MOBV ... cc 10.46 +0.03 ...
24.23 17.31 HMN Fin HMNF 1.4 10 18.25 +0.06 .08 14.00 3.10 Immunogen IMGN ... dd 13.17 +7.78 ... 20.00 12.50 KaratPkg KRT .0 12 14.26 +0.70 .35 9.23 2.70 LongboardPharm LBPH ... dd 9.07 +0.79 ... 217.25 115.03 Moderna MRNA ... 12 137.04 +4.15 ...
1.94 0.68 Hookipa HOOK ... dd 1.67 +0.67 ... 6.50 2.35 ImmunoPrecise IPA ... dd 2.70 +0.13 ... 278.25 92.26 KarunaTherap KRTX ... dd 220.16 +21.72 ... 7.23 1.85 LoopIndustries LOOP ... dd 3.02 –0.25 ... 121.54 53.14 ModivCare MODV ... dd 54.30 –9.30 ...
21.28 7.39 HutchmedChina HCM ... dd 15.93 +0.69 ... 20.25 3.15 Immunovant IMVT ... dd 19.20 +3.06 ... 6.84 2.45 KaryopharmTherap KPTI ... dd 2.71 –0.87 ... 3.73 0.25 LordstownMotors RIDE ... dd .34 –0.19 ... 8.00 5.50 MolecularPtrs MOLN ... 2 6.87 +0.28 ...
53.52 24.38 H World HTHT ... dd 45.06 –1.84 ... 3.39 1.47 Immutep IMMP ... dd 1.64 ... ... 1.93 0.40 Katapult KPLT ... dd .63 +0.18 ... 2.03 0.15 Lottery.com LTRY ... dd .46 ... ... 14.98 5.14 Momentive MNTV ... dd 9.38 –0.01 ...
24.09 17.10 HackettGroup HCKT 2.4 15 18.71 +0.15 .11 10.75 0.93 ImpelPharm IMPL ... dd 2.60 +0.73 ... 12.51 6.81 KearnyFinancial KRNY 6.0 12 7.30 –0.49 .11 44.13 17.60 Lovesac LOVE ... 15 26.30 +0.01 ... 3.84 0.40 Momentus MNTS ... dd .41 –0.02 ...
28.13 15.20 HainCelestial HAIN ... 35 17.61 –0.32 ... 144.90 39.74 Impinj PI ... dd 87.34 –1.07 ... 22.56 13.41 KellyServices A KELYA 1.8 dd 16.24 –0.17 .075 3.64 1.11 LucidDiag LUCD ... dd 1.50 +0.03 ... 85.67 54.01 MonarchCasino MCRI 1.8 15 67.79 –1.57 .30
0.78 0.06 HainanManasRt HMACR ... ... .18 ... ... 86.94 50.50 InariMedical NARI ... dd 64.43 –1.99 ... 26.64 13.64 KellyServices B KELYB 1.9 dd 15.85 –0.40 .075 21.78 6.09 Lucid LCID ... dd 7.73 –0.21 ... 171.89 73.58 monday.com MNDY ... dd 116.25 –5.67 ...
33.40 4.21 HallmarkFin HALL ... dd 4.81 –1.01 ... 8.65 1.77 Incannex IXHL ... dd 1.93 –0.23 ... 8.69 6.00 KY FirstFedBncp KFFB 6.5 46 6.12 –0.13 .10 21.29 1.90 Lulu'sFashion LVLU ... 27 2.57 +0.32 ... 16.98 6.74 Mondee MOND ... dd 9.35 –1.00 ...
59.46 30.71 HalozymeTherap HALO ... 21 31.00 –1.13 ... 10.71 9.84 InceptionGrowth IGTA ... cc 10.27 +0.05 ... 59.96 24.38 KerosTherap KROS ... dd 44.12 –0.23 ... 389.06 251.51 lululemon LULU ... 58 386.71 +6.78 ... 78.59 54.72 Mondelez MDLZ 2.0 27 77.56 +0.84 .385
81.23 55.81 HamiltonLane HLNE 2.4 26 67.30 –6.38 .40 0.18 0.07 InceptionGrowthRt IGTAR ... ... .13 –0.02 ... 41.31 31.90 KeurigDrPepper KDP 2.4 36 33.23 +0.53 .20 96.46 44.94 Lumentum LITE ... cc 47.78 –0.47 ... 10.96 8.59 MoneyGram MGI ... 32 10.94 +0.78 ...
57.00 31.02 HancockWhitney HWC 3.4 6 35.04 –1.48 .30 86.29 65.07 Incyte INCY ... 46 66.56 –7.85 ... 20.48 13.55 KewauneeSci KEQU ... dd 16.43 +0.18 ... 11.35 3.91 LuminarTech LAZR ... dd 6.07 +0.05 ... 390.84 135.15 MongoDB MDB ... dd 241.29 +1.33 ...
27.35 13.35 HanmiFinancial HAFC 6.9 4 14.50 –1.66 .25 91.65 46.16 IndependentBank INDB 4.4 8 49.52 –6.48 .55 7.53 4.00 KeyTronic KTCC ... 13 5.94 –0.90 ... 4.71 0.45 LumiraDx LMDX ... dd .56 +0.01 ... 541.39 301.69 MonolithicPower MPWR 1.0 43 411.27 –50.70 1.00
24.68 17.50 HanoverBancorp HNVR 2.2 7 18.07 –0.23 .10 24.97 14.90 IndepBankMI IBCP 5.6 6 16.32 –1.50 .23 10.84 9.74 KeyarchAcqn KYCH ... cc 10.43 +0.05 ... 9.56 2.95 LumosPharma LUMO ... dd 3.55 +0.54 ... 55.70 37.49 Monro MNRO 2.3 35 48.83 –0.05 .28
15.57 7.51 HarborOneBncp HONE 3.6 9 8.29 –2.46 .075 76.00 28.81 IndependentBank IBTX 4.8 12 31.49 –4.89 .38 0.64 ... KeyarchAcqnRt KYCHR ... ... .10 ... ... 13.82 7.82 LutherBurbank LBC 5.6 6 8.55 –0.49 .12 60.47 41.10 MonsterBev MNST ... 49 59.71 +3.71 ...
15.99 8.28 Harmonic HLIT ... 54 13.47 –0.62 ... 15.47 1.84 IndLogistics ILPT 2.0 dd 2.03 –0.03 .01 11.02 2.25 KezarLifeSci KZR ... dd 2.64 +0.21 ... 8.74 1.77 LyellImmuno LYEL ... dd 2.48 +0.45 ... 12.62 4.40 MonteRosaTherap GLUE ... dd 5.18 +0.64 ...
62.09 29.81 HarmonyBio HRMY ... 12 35.86 +3.62 ... 7.80 4.26 Infinera INFN ... dd 5.41 –0.92 ... 73.32 49.35 Kforce KFRC 2.6 15 56.12 –3.02 .36 21.72 8.19 Lyft LYFT ... dd 8.63 –1.62 ... 10.40 9.80 MontereyCapA MCAC ... dd 10.31 +0.01 ...
3.35 0.54 HarpoonTherap HARP ... dd .68 +0.09 ... 1.76 0.12 InfinityPharm INFI ... dd .18 ... ... 28.18 16.66 KimballElec KE ... 11 20.59 +0.46 ... 6.99 1.86 LyraTherap LYRA ... dd 2.62 +0.22 ... 0.30 0.08 MontereyCapRt MCACR ... ... .14 ... ...
44 BARRON’S May 8, 2023

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
263.81 163.28 Morningstar MORN .8 cc 186.21 +7.90 .375 942.76 562.90 OReillyAuto ORLY ... 27 940.78 +23.47 ... 110.28 59.79 Perficient PRFT ... 26 73.92 +9.00 ... 0.40 0.03 ROC Energy Rt ROCAR ... ... .29 +0.03 ... 41.01 25.75 ScanSource SCSC ... 7 26.20 –1.15 ...
55.11 19.23 Morphic MORF ... dd 55.05 +7.79 ... 120.00 69.31 OSI Systems OSIS ... 24 117.88 +4.92 ... 3.97 1.72 PerformantFin PFMT ... dd 2.87 –0.37 ... 27.07 6.71 R1 RCM RCM ... dd 16.26 +0.67 ... 44.61 25.96 SchnitzerSteel SCHN 2.7 12 28.29 –0.60.1875
6.15 3.17 MorphoSys MOR ... dd 5.63 +0.39 ... 21.96 17.59 OaktreeSpec OCSL11.6 cc 18.04 –0.84 .55 42.75 16.41 PerionNetwork PERI ... 15 32.56 –2.47 ... 2.99 0.75 RVL Pharm RVLP ... dd .82 –0.05 ... 13.00 4.33 ScholarRock SRRK ... dd 7.84 +1.44 ...
19.93 4.26 MotorcarParts MPAA ... dd 4.69 –0.18 ... 4.60 1.28 Oatly OTLY ... dd 2.10 –0.23 ... 15.70 7.50 Perma-PipeIntl PPIH ... 15 10.95 +0.02 ... 10.11 1.28 RackspaceTech RXT ... dd 1.35 –0.11 ... 48.28 28.22 Scholastic SCHL 2.1 22 37.41 –1.06 .20
10.83 10.09 MountainI A MCAA ... cc 10.81 +0.02 ... 24.93 12.99 OceanFirstFin OCFC 5.7 6 13.93 –2.07 .20 5.58 1.73 Personalis PSNL ... dd 2.24 –0.04 ... 16.52 7.97 RadiusGlbInfr RADI ... dd 14.71 +0.02 ... 35.24 15.85 Schrodinger SDGR ... dd 27.67 –1.85 ...
0.35 0.03 MountainCrestVRt MCAGR ... ... .28 –0.01 ... 6.67 2.57 OcularTherapeutix OCUL ... dd 6.25 +0.05 ... 20.62 7.59 PetcoHealth WOOF ... 30 10.12 +0.16 ... 29.00 12.03 RadNet RDNT ... cc 28.68 +1.02 ... 11.24 9.77 SchultzeSpecII A SAMA ... dd 10.34 ... ...
10.75 9.69 MountainCrestV MCAG ... cc 10.40 +0.05 ... 14.10 6.26 Oculis OCS ... cc 12.79 +1.66 ... 18.42 6.66 PetIQ PETQ ... dd 11.85 +0.06 ... 26.22 17.42 Radware RDWR ... dd 19.07 –1.08 ... 4.31 0.19 Science37 SNCE ... dd .28 ... ...
10.76 1.25 Movella MVLA ... dd 1.42 +0.06 ... 21.80 5.86 OfficePropIncm OPI 15.3 48 6.52 ... .25 24.01 14.45 PetMedExpress PETS 8.0 27 15.02 –0.35 .30 14.48 2.15 RainOncology RAIN ... dd 8.80 +1.77 ... 18.17 10.60 SciPlay SCPL ... 18 16.69 –0.39 ...
17.75 0.88 MultiMetaVerse MMV ... dd 1.18 –0.19 ... 32.49 21.96 OhioValleyBanc OVBC 3.6 9 24.65 +1.65 .22 17.81 6.10 Pharming PHAR ... 65 11.26 +0.14 ... 15.89 4.15 Rallybio RLYB ... dd 5.63 +0.24 ... 11.69 3.68 scPharm SCPH ... dd 11.18 +1.32 ...
10.65 9.96 MurphyCanyonA MURF ... cc 10.47 ... ... 111.35 44.12 Okta OKTA ... dd 73.78 +5.25 ... 27.50 1.77 Pharvaris PHVS ... dd 9.25 –0.10 ... 18.24 7.40 RamacoRscs METC 5.0 4 9.93 +1.80 .125 11.50 9.58 ScreamingEagleA SCRM ... 42 10.20 +0.01 ...
10.43 3.37 Mynaric MYNA ... dd 7.15 +1.15 ... 18.23 3.51 Olaplex OLPX ... 11 3.87 +0.17 ... 13.44 5.84 PhathomPharm PHAT ... dd 12.35 +1.65 ... 51.88 20.00 Rambus RMBS ... 98 48.33 +3.99 ... 17.51 7.32 ScrippsEW SSP ... 5 7.99 –0.44 ...
28.18 13.92 MyriadGenetics MYGN ... dd 19.29 –2.00 ... 381.81 231.31 OldDomFreight ODFL .5 26 316.97 –3.42 .40 6.11 0.90 PhenomeX CELL ... dd .95 –0.22 ... 53.59 27.26 RangerOil ROCC .8 4 39.62 –1.58 .075 36.92 17.93 SeacoastBkgFL SBCF 3.5 14 20.33 –1.86 .18
N 20.19 11.66 OldNatlBncp ONB 4.4 6 12.69 –0.72 .14 20.54 11.75 PhibroAnimal PAHC 3.3 21 14.64 –0.92 .12 13.44 3.65 RaniTherap RANI ... dd 4.71 +0.01 ... 88.25 47.47 Seagate STX 5.0 dd 55.94 –2.83 .70
17.80 10.79 Old2ndBcp OSBC 1.7 8 11.83 –0.46 .05 35.90 27.07 PhillipsEdison PECO 3.6 66 30.80 –0.74.0933 5.40 0.84 RapidMicro RPID ... dd .89 –0.11 ... 207.17 105.43 Seagen SGEN ... dd 199.87 –0.13 ...
39.22 15.60 Napco Security NSSC ... 39 27.38 –3.62 ... 6.90 2.00 OlemaPharm OLMA ... dd 6.66 +1.87 ... 11.83 9.99 PhoenixBiotech PBAX ... dd 10.82 –0.23 ... 77.48 26.49 Rapid7 RPD ... dd 46.90 –1.71 ... 10.64 9.20 SeaportGlblAcqnII SGIIU ... ... 10.29 +0.06 ...
48.68 27.53 NBT Bancorp NBTB 3.8 9 31.73 –0.51 .30 26.47 8.39 OlinkHolding OLK ... dd 22.12 +0.55 ... 25.81 13.86 Photronics PLAB ... 8 14.92 +0.46 ... 7.93 3.60 RealGoodFood RGF ... dd 3.70 –0.23 ... 10.92 9.76 SeaportGlblAcqnII SGII ... 27 10.29 +0.01 ...
18.25 2.92 NGM Biopharm NGM ... dd 4.08 –0.43 ... 72.27 40.40 Ollie'sBargain OLLI ... 41 67.01 +1.76 ... 34.66 20.59 Pilgrim'sPride PPC ... 12 22.75 –0.06 ... 5.51 1.00 RealReal REAL ... dd 1.15 +0.03 ... 13.23 5.28 SecureWorks SCWX ... dd 8.73 –0.34 ...
235.11 164.65 NICE NICE ... 47 187.23 –16.78 ... 58.84 22.62 OlympicSteel ZEUS 1.1 8 46.16 –0.41 .125 89.00 43.31 PinnacleFinPtrs PNFP 1.8 7 49.57 –4.66 .22 105.29 18.47 ReataPharm RETA ... dd 104.79 +5.93 ... 8.69 5.77 SecurityNatFin SNFCA ... 7 7.60 +0.09 ...
24.72 15.33 NMI Holdings NMIH ... 7 23.65 +0.25 ... 128.51 77.28 OmegaFlex OFLX 1.1 48 113.70 +3.69 .32 2.75 0.25 PintecTech PT ... dd 1.06 +0.19 ... 14.18 4.54 RecursionPharm RXRX ... dd 5.16 +0.39 ... 13.40 3.07 Seer SEER ... dd 3.62 +0.28 ...
3.61 0.97 NN NNBR ... dd 1.02 –0.06 ... 11.98 1.98 OmegaTherap OMGA ... dd 8.82 +1.16 ... 2.51 1.34 Pixelworks PXLW ... dd 1.43 +0.02 ... 60.57 43.50 RedRiverBcshs RRBI .7 8 45.45 –0.55 .08 2.73 0.65 SelectaBiosci SELB ... 6 1.08 –0.11 ...
1.70 0.49 NRX Pharm NRXP ... dd .61 +0.03 ... 7.75 1.74 Omeros OMER ... 7 5.12 –0.68 ... 13.50 9.10 PlainsAllAmPipe PAA 8.3 11 12.92 +0.02.2675 15.89 5.35 RedRobin RRGB ... dd 12.83 –0.24 ... 104.17 66.81 SelectiveIns SIGI 1.2 25 103.36 +7.03 .30
154.97 91.42 NV5Global NVEE ... 32 98.88 +4.15 ... 49.49 1.30 SelinaHosp SLNA ... 4 1.37 –0.13 ...
10.50 1.91 OmniAb OABI ... dd 3.61 +0.13 ... 14.17 9.39 PlainsGP PAGP 7.9 13 13.50 +0.10.2675 49.81 30.98 RedRockResorts RRR 2.1 14 48.38 –0.42 .25
198.28 132.08 NXP Semi NXPI 2.4 16 166.82 +3.081.014 11.34 0.55 Semantix STIX ... dd 4.33 +0.09 ...
125.17 46.11 Omnicell OMCL ... dd 65.82 +5.05 ... 9.77 5.35 PlayaHotels PLYA ... 27 9.08 –0.23 ... 13.03 3.08 Redfin RDFN ... dd 9.43 +1.98 ...
13.95 0.92 NanoLabs NA ... ... 1.09 –0.01 ... 12.03 9.97 SemperParatusA LGST ... cc 10.77 –0.23 ...
11.55 9.79 OmniLitAcqnA OLIT ... cc 10.25 ... ... 6.60 3.24 Playstudios MYPS ... dd 4.42 +0.04 ... 64.00 2.05 RedHillBio RDHL ... dd 2.15 –0.28 ...
16.44 5.31 NanoXImaging NNOX ... dd 15.23 +9.12 ... 65.51 17.82 Semtech SMTC ... 20 18.68 –0.81 ...
13.29 5.82 1-800-FLOWERS FLWS ... cc 7.92 –1.29 ... 16.49 7.81 Playtika PLTK ... 14 10.38 +0.38 ... 11.23 9.78 RedwoodsAcqn RWOD ... cc 10.37 +0.02 ...
7.76 1.75 Nanobiotix NBTX ... dd 6.68 +4.54 ... 68.74 46.04 SenecaFoods A SENEA ... 8 47.50 –0.10 ...
6.57 4.54 180DegreeCap TURN ... dd 4.54 –0.26 ... 115.36 74.53 Plexus PLXS ... 14 85.68 –1.79 ... 0.22 0.03 RedwoodsAcqnRt RWODR ... ... .11 +0.01 ...
18.51 4.37 NanoStringTech NSTG ... dd 9.00 –0.80 ... 69.83 47.12 SenecaFoods B SENEB ... 8 47.12 –0.35 ...
4.00 1.37 111 YI ... dd 2.74 +0.01 ... 36.64 3.97 PliantTherap PLRX ... dd 22.94 –5.31 ... 69.65 51.97 RegencyCtrs REG 4.3 22 60.74 –0.69 .65
10.87 1.24 NantHealth NH ... dd 3.20 +1.80 ... 2.39 1.28 SenseiBiotherap SNSE ... dd 1.63 +0.14 ...
7.47 3.61 1stdibs.com DIBS ... dd 3.90 +0.14 ... 13.36 3.14 PolestarAuto PSNY ... dd 3.95 +0.12 ... 837.55 538.01 RegenPharm REGN ... 21 762.10 –39.69 ...
69.22 46.77 Nasdaq NDAQ 1.6 24 54.92 –0.45 .22 2.38 1.21 SenstarTech SNT ... 9 1.47 ... ...
43.96 23.68 OneWaterMarine ONEW ... 4 27.18 +0.78 ... 6.90 0.36 PolyPid PYPD ... dd .38 –0.04 ... 33.06 10.40 RelayTherap RLAY ... dd 11.27 –0.10 ...
59.75 27.35 Natera NTRA ... dd 54.10 +3.38 ... 9.99 0.94 SentiBiosciences SNTI ... dd 1.03 +0.05 ...
14.69 5.35 OpenLending LPRO ... 14 7.31 +0.28 ... 10.11 6.66 PonceFinl PDLB ... dd 7.03 –0.44 ... 38.68 1.81 RelmadaTherap RLMD ... dd 3.22 +0.70 ...
81.75 46.01 Nathan's NATH 2.7 16 73.88 –0.77 .50 4.25 1.10 SeraPrognostics SERA ... dd 3.57 +0.22 ...
42.35 24.91 OpenText OTEX 2.3 37 41.41 +3.52 .243 10.54 10.16 PonoCapitalThree PTHR ... ... 10.28 ... ... 18.56 6.66 RemitlyGlobal RELY ... dd 18.28 +1.48 ...
57.65 38.40 NationalBeverage FIZZ ... 35 52.19 +2.49 ... 9.49 2.50 SeresTherap MCRB ... dd 5.91 +1.03 ...
8.08 0.92 OpendoorTech OPEN ... dd 1.79 +0.41 ... 10.88 9.95 PonoCapTwoA PTWO ... ... 10.23 –0.19 ... 5.02 1.05 Renalytix RNLX ... dd 2.39 +0.02 ...
2.23 0.10 NatlCineMedia NCMI39.5 dd .30 +0.01 .03
12.12 3.92 Opera OPRA .0 26 11.19 –0.77 .75 423.97 278.10 Pool POOL 1.1 21 353.96 +2.64 1.00 41.77 24.82 Renasant RNST 3.3 8 26.54 –1.58 .22 11.57 4.65 ServiceProperties SVC 8.8 dd 9.04 +0.27 .20
58.29 29.81 NatlInstruments NATI 1.9 48 58.20 –0.03 .28 10.94 9.90 7AcqnA SVNA ... 22 10.50 +0.03 ...
12.79 2.19 OportunFin OPRT ... dd 4.02 –0.05 ... 2.20 0.50 PopCulture CPOP ... ... .77 +0.05 ... 11.30 1.79 ReneoPharm RPHM ... dd 9.04 –1.18 ...
47.60 31.32 NatlResearch NRC 1.1 35 42.14 –1.39 .12 3.74 0.61 17Educ&Tech YQ ... dd 1.34 +0.03 ...
8.50 3.25 Opthea OPT ... ... 3.66 –0.56 ... 83.64 49.34 Popular BPOP 3.9 4 56.73 –3.28 .55 7.70 4.04 ReNewEnergy RNW ... dd 5.47 +0.35 ...
43.82 17.25 NationalVision EYE ... 56 22.40 +1.36 ... 3.20 1.32 Sharecare SHCR ... dd 1.50 –0.04 ...
309.25 166.94 NatlWesternLife NWLI .1 9 261.02 +6.04 .36 4.85 3.26 OpticalCable OCC ... 24 4.14 –0.05 ... 28.93 14.84 Portillo's PTLO ... 78 20.66 –0.96 ... 6.38 1.10 RenttheRunway RENT ... dd 2.39 –0.22 ...
4.30 1.55 Optinose OPTN ... dd 2.00 +0.29 ... 24.49 19.10 PortmanRidge PTMN14.1 dd 19.28 –1.03 .68 18.68 8.07 RepareTherap RPTX ... dd 10.63 +1.67 ... 5.82 1.85 ShattuckLabs STTK ... dd 2.70 –0.30 ...
12.60 7.04 NaturalAlt NAII ... 5 7.80 –1.11 ... 25.93 15.62 ShenandoahTel SHEN .4 dd 19.41 –1.40 .08
4.58 1.50 NautilusBiotech NAUT ... dd 2.36 –0.22 ... 35.87 24.23 OptionCare OPCH ... 32 27.98 –4.17 ... 8.82 1.82 PoseidaTherap PSTX ... dd 3.27 +0.63 ... 262.26 137.21 Repligen RGEN ... 54 160.16 +8.53 ...
7.21 2.62 OraSureTechs OSUR ... dd 7.00 +0.20 ... 11.14 4.31 Potbelly PBPB ... 62 9.03 –1.45 ... 29.52 13.05 Replimune REPL ... dd 17.46 +0.73 ... 32.43 9.72 ShoalsTech SHLS ... 24 18.96 –1.93 ...
19.34 12.45 Navient NAVI 4.3 4 15.03 –1.51 .16 320.54 113.36 ShockwaveMed SWAV ... 51 288.28 –1.88 ...
8.35 3.11 NavitasSemi NVTS ... 10 6.09 +0.76 ... 23.39 7.49 OrchestraBioMed OBIO ... dd 16.92 +0.82 ... 56.09 39.10 PotlatchDelt PCH 3.9 17 45.68 –0.55 .45 50.16 37.23 RepublicBcpKYA RBCAA 3.7 9 39.94 +0.64 .374
1.38 0.47 OrganiGram OGI ... dd .52 +0.02 ... 49.99 20.17 PowellIndustries POWL 2.1 22 49.70 +9.64.2625 4.51 0.62 RepublicFirstBncp FRBK ... 4 .70 –0.53 ... 32.40 19.43 ShoeCarnival SCVL 1.7 6 22.89 –0.36 .10
37.07 16.38 Nayax NYAX ... dd 17.31 +0.59 ... 20.85 10.72 ShoreBancshares SHBI 4.1 7 11.57 –1.71 .12
39.83 19.58 nCino NCNO ... dd 22.28 –2.45 ... 6.85 2.36 OricPharm ORIC ... dd 5.11 –0.06 ... 10.65 9.77 Pwr&Digital II A XPDB ... cc 10.32 +0.01 ... 8.74 4.42 ReservoirMedia RSVR ... 46 6.40 –0.24 ...
47.28 25.66 OriginBancorp OBNK 2.1 9 28.05 –1.38 .15 91.98 59.16 PowerIntegrations POWI 1.0 27 79.26 +6.48 .19 23.18 14.03 ResourcesConnect RGP 3.8 8 14.59 ... .14 34.10 17.66 Shyft SHYF .8 20 23.73 –1.35 .05
18.65 2.18 NearIntelligence NIR ... 10 2.36 –0.32 ...
30.23 13.76 OrthofixMed OFIX ... dd 18.48 –0.35 ... 3.97 2.06 PowerFleet PWFL ... dd 2.79 –0.08 ... 18.78 12.40 RetailOppor ROIC 4.6 34 13.01 –0.02 .15 16.50 1.25 Sientra SIEN ... dd 1.48 +0.08 ...
8.19 5.11 NecessityRetail RTL 15.5 dd 5.47 –0.04.2125
60.75 35.67 OrthoPediatrics KIDS ... cc 46.39 –4.05 ... 10.60 9.94 PowerUpAcqn PWUP ... cc 10.53 +0.02 ... 7.62 0.63 ReunionNeuro REUN .0 dd .77 –0.04 .017 22.99 15.01 SierraBancorp BSRR 5.8 7 15.90 –0.49 .23
5.18 0.60 NektarTherap NKTR ... dd .82 +0.07 ...
82.46 52.60 OtterTail OTTR 2.2 12 78.50 +6.55.4375 13.33 0.79 PraxisPrecision PRAX ... dd 1.09 +0.05 ... 36.61 11.27 RevanceTherap RVNC ... dd 34.61 +2.78 ... 15.30 5.35 SightSciences SGHT ... dd 10.00 +0.33 ...
18.96 10.82 NeoGames NGMS ... dd 13.02 –0.43 ...
9.36 3.33 Outbrain OB ... dd 3.71 –0.12 ... 2.90 0.81 Precigen PGEN ... dd 1.22 +0.01 ... 10.80 9.66 RevelstoneCapA RCAC ... cc 10.28 –0.02 ... 1.61 0.29 SigilonTherap SGTX ... dd .50 –0.23 ...
28.22 10.49 Neogen NEOG ... cc 17.44 +0.22 ...
32.69 11.41 OutsetMedical OM ... dd 20.85 +2.86 ... 2.21 0.68 PrecisionBio DTIL ... dd .85 +0.01 ... 31.37 14.08 RevolutionMed RVMD ... dd 24.34 +0.85 ... 10.43 9.89 SignalHillA SGHL ... cc 10.43 +0.03 ...
21.74 7.07 NerdWallet NRDS ... cc 9.02 –4.55 ...
36.78 17.05 Overstock OSTK ... dd 19.97 –0.39 ... 77.75 42.42 PreferredBankLA PFBC 4.7 5 46.67 –1.41 .55 32.50 24.54 ReynoldsCnsmr REYN 3.4 22 27.39 –0.64 .23 17.99 4.55 SilenceTherap SLN ... dd 6.35 –0.35 ...
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

79.09 58.08 NetApp NTAP 3.1 11 63.85 +0.96 .50


3.70 1.41 OvidTherap OVID ... dd 3.63 +0.05 ... 155.89 57.71 PreformedLine PLPC .5 12 151.30 +27.02 .20 34.99 3.04 RhythmPharm RYTM ... dd 16.69 –3.48 ... 50.00 31.30 Silicom SILC ... 12 34.36 –0.58 ...
108.77 53.09 NetEase NTES 1.5 19 88.89 –0.24 .27
6.95 4.83 OxfordLane OXLC17.5 4 5.14 –0.06 .075 8.90 3.87 PreludeTherap PRLD ... dd 6.51 +0.05 ... 4.84 2.19 RibbonComms RBBN ... dd 2.64 +0.08 ... 194.68 109.44 SiliconLab SLAB ... 58 137.40 –1.90 ...
379.43 162.71 Netflix NFLX ... 35 322.76 –7.17 ...
4.29 2.82 OxfordSquare OXSQ13.8 dd 3.04 –0.04 .035 30.80 13.77 PremierFinl PFC 8.4 6 14.76 –1.85 .31 27.24 11.81 RichardsonElec RELL 1.5 8 15.69 +0.26 .06 95.16 51.82 SiliconMotion SIMO 3.4 11 58.86 –4.78 .50
26.79 13.30 Netgear NTGR ... dd 13.92 –0.21 ...
PQ 38.98 25.91 Premier PINC 3.1 17 26.70 –6.63 .21 2.40 0.64 RigelPharm RIGL ... dd 1.18 +0.05 ... 58.04 27.30 SilkRoadMed SILK ... dd 42.63 –1.39 ...
38.02 25.90 NetScout NTCT ... 36 29.62 +2.41 ...
8.75 0.70 Prenetics PRE ... dd .85 +0.02 ... 7.25 3.46 RiminiStreet RMNI ... dd 4.15 +0.41 ... 12.94 7.70 SilverSpikeInvt SSIC ... 29 8.50 +0.25 ...
129.29 75.25 Neurocrine NBIX ... cc 97.40 –3.64 ... 37.45 21.56 PAM Transport PTSI ... 7 24.04 +1.59 ... 10.70 1.23 PrestoAutomation PRST ... 5 3.05 –0.28 ... 8.00 4.25 RiverviewBncp RVSB 5.1 6 4.70 –0.43 .06 22.26 14.94 SilvercrestAsset SAMG 4.0 9 17.81 –0.92 .18
6.95 1.98 Neuronetics STIM ... dd 2.27 –0.02 ... 6.19 4.90 P&FIndustries PFIN 3.8 dd 5.22 +0.03 .05 79.65 56.29 PriceSmart PSMT 1.3 21 72.07 –1.61 .46 40.86 11.68 Rivian RIVN ... dd 13.41 +0.59 ... 25.88 14.99 SimmonsFirstNat SFNC 5.0 9 16.01 –0.70 .20
6.81 1.22 NeuroPace NPCE ... dd 4.95 –0.05 ... 21.35 12.86 PCB Bancorp PCB 5.2 6 13.79 –0.03 .18 21.73 11.07 PrimeMedicine PRME ... dd 14.32 +0.55 ... 12.76 6.81 Robinhood HOOD ... dd 8.85 ... ... 67.59 32.58 SimulationsPlus SLP .6 81 40.86 –0.89 .06
63.06 26.14 NewFortressEner NFE .3 61 30.82 +0.53 .10 56.68 37.76 PCConnection CNXN .8 11 38.59 –1.68 .08 11.05 9.88 PrimeNumberI A PNAC ... cc 10.55 +0.07 ... 23.48 7.57 RocketPharm RCKT ... dd 21.00 +3.08 ... 26.30 12.64 SinclairBroadcast SBGI 6.0 5 16.75 –3.14 .25
13.59 11.09 NewMtnFin NMFC11.0 16 11.61 –0.28 .32 5.68 3.90 PCTEL PCTI 5.2 13 4.21 –0.55 .055 0.31 0.08 PrimeNumberI Rt PNACR ... ... .22 –0.01 ... 39.22 18.00 RockyBrands RCKY 3.0 12 20.97 –8.25 .155 4.80 0.92 SingularGenomics OMIC ... dd 1.06 +0.07 ...
11.03 9.87 NewProvidenceII A NPAB ... cc 10.53 +0.13 ... 89.22 51.72 PDC Energy PDCE 2.5 3 64.39 –0.66 .40 14.41 7.01 PrimisFinl FRST 5.4 10 7.35 –1.50 .10 8.25 4.77 RockyMtnChoc RMCF ... dd 5.42 +0.06 ... 6.85 3.32 SiriusXM SIRI 2.6 13 3.73 –0.07.0242
12.96 8.28 NY Mortgage NYMT16.4 dd 9.76 –0.52 .40 106.38 31.01 PDD PDD ... 20 63.06 –5.09 ... 37.60 25.90 PrincetonBncp BPRN 4.6 6 26.14 –2.53 .30 10.00 2.52 RoivantSciences ROIV ... dd 8.62 +0.07 ... 234.89 73.10 SiTime SITM ... dd 88.29 –20.18 ...
32.88 7.52 NewAmstPharma NAMS ... dd 13.87 –0.36 ... 43.25 19.34 PDF Solutions PDFS ... dd 38.71 +2.66 ... 96.17 61.05 PrincipalFinl PFG 3.6 4 71.51 –3.18 .64 105.85 38.26 Roku ROKU ... dd 54.97 –1.24 ... 10.54 9.97 SizzleAcqn SZZL ... dd 10.51 +0.01 ...
10.70 10.00 NewcourtAcqnA NCAC ... 39 10.70 ... ... 39.35 25.49 PENN Entmt PENN ... 7 26.44 –3.35 ... 44.64 17.99 PriviaHealth PRVA ... dd 29.09 +1.46 ... 32.13 3.31 Root ROOT ... dd 5.32 +1.03 ... 23.25 17.50 SkywardSpecIns SKWD ... 55 21.55 +0.17 ...
24.70 9.75 NewellBrands NWL 9.1 dd 10.11 –2.04 .23 10.35 1.55 PLBY Group PLBY ... dd 1.93 +0.26 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

9.50 3.68 Procaps PROC ... dd 4.56 +0.04 ... 11.89 9.92 RoseHillAcqn ROSE ... 33 10.52 +0.05 ... 29.31 14.76 SkyWest SKYW ... 44 28.06 –0.24 ...
12.46 5.75 Newmark NMRK 2.1 13 5.85 –0.49 .03 18.12 3.84 PMV Pharm PMVP ... dd 4.90 +0.29 ... 27.00 9.10 ProFrac ACDC ... 8 10.16 –1.04 ... 122.45 69.24 RossStores ROST 1.3 24 104.44 –2.29 .335 123.69 76.16 Skyworks SWKS 2.4 14 104.12 –1.78 .62
21.69 14.87 NewsCorp A NWSA 1.2 34 17.12 –0.49 .10 43.34 29.69 PRA Group PRAA ... 12 34.70 –1.57 ... 59.36 40.33 ProgressSoftware PRGS 1.3 24 54.23 –0.65 .175 10.84 9.77 RothCHAcqnV ROCL ... dd 10.39 +0.03 ... 50.61 21.46 SleepNumber SNBR ... 11 23.11 +0.56 ...
21.86 15.15 NewsCorp B NWS 1.2 34 17.26 –0.49 .10 52.40 25.29 ProceptBio PRCT ... dd 28.54 –1.85 ... 46.50 25.67 Progyny PGNY ... cc 34.58 +1.34 ... 6.05 3.14 Rover ROVR ... dd 3.97 –0.56 ... 4.20 1.37 SmartSand SND ... dd 1.77 +0.05 ...
25.55 10.80 NewtekOne NEWT19.7 ... 11.58 +0.22 .18 139.91 97.97 PTC PTC ... 48 129.06 +3.27 ... 10.74 9.66 ProjectEnReimag PEGR ... 25 10.25 ... ... 147.82 84.54 RoyalGold RGLD 1.1 39 141.60 +9.16 .375 1.61 0.60 SmartShareGlbl EM ... dd 1.00 –0.03 ...
217.76 151.01 NexstarMedia NXST 3.3 7 164.26 –9.19 1.35 56.72 25.01 PTC Therap PTCT ... dd 55.82 +0.68 ... 197.83 21.50 PrometheusBio RXDX ... dd 194.20 +0.25 ... 44.66 32.68 RoyaltyPharma RPRX 2.3 cc 35.10 –0.05 .20 2.26 0.31 SmileDirectClub SDC ... dd .39 –0.01 ...
5.27 1.16 NextCure NXTC ... dd 1.59 +0.08 ... 76.72 51.33 Paccar PCAR 1.4 12 72.76 –1.93 .25 11.30 4.57 ProSomnus OSA ... dd 5.03 –0.09 ... 62.20 42.72 RushEnt A RUSHA 1.6 7 51.30 –1.81 .21 16.72 8.21 Smith&Wesson SWBI 3.3 9 12.09 +0.07 .10
8.50 3.10 Nexters GDEV ... 14 7.41 –0.19 ... 14.20 3.85 PacBiosciCA PACB ... dd 12.19 +1.59 ... 8.19 5.92 ProspectCapital PSEC11.4 79 6.29 –0.52 .06 65.60 45.28 RushEnt B RUSHB 1.5 8 56.84 –1.74 .21 13.26 7.02 SnapOne SNPO ... dd 9.64 –0.12 ...
21.99 16.13 NextGenHlthcr NXGN ... 50 16.78 +0.04 ... 37.50 17.66 PacificPremBncp PPBI 6.9 7 19.12 –3.12 .33 26.08 6.91 ProtagonistTherap PTGX ... dd 24.81 +2.21 ... 21.50 14.65 RuthsHospitality RUTH 3.0 19 21.38 +5.22 .16 3.07 0.50 SoYoungIntl SY ... dd 2.78 +0.09 ...
37.83 28.24 NEXTracker NXT ... ... 30.90 –0.59 ... 65.72 35.35 PaciraBioSci PCRX ... dd 42.89 –2.42 ...
10.74 4.37 NicholasFin NICK ... dd 4.51 –0.57 ... 4.60 2.38 ProtaraTherap TARA ... dd 3.08 –0.08 ... 19.00 9.78 RxSight RXST ... dd 18.35 +0.45 ... 10.50 9.76 SocialLvgI A SLAC ... 21 10.17 –0.01 ...
12.46 6.85 PactivEvergreen PTVE 5.6 4 7.14 –0.76 .10 7.71 0.91 Proterra PTRA ... dd 1.46 +0.29 ... 99.34 55.90 Ryanair RYAAY ... 16 95.41 –0.18 ... 8.52 4.24 SoFiTech SOFI ... dd 5.16 –1.07 ...
8.97 0.79 Nikola NKLA ... dd .98 +0.09 ... 33.13 2.48 PacWestBancorp PACW17.4 dd 5.76 –4.39 .25 79.65 21.06 Prothena PRTA ... dd 78.59 +25.97 ... 18.30 13.08 Sohu.com SOHU ... dd 13.85 +0.59 ...
22.00 1.49 9F JFU ... dd 4.13 +0.65 ... 203.44 132.22 PaloAltoNtwks PANW ... cc 183.93 +1.47 ... S
26.00 5.69 908Devices MASS ... dd 7.09 +0.33 ... 15.74 12.64 ProvidentFin PROV 4.3 10 12.89 –0.91 .14 6.89 3.24 SolGelTech SLGL ... dd 3.55 –0.04 ...
95.20 43.64 Palomar PLMR ... 25 51.00 +0.74 ... 23.60 11.73 PubMatic PUBM ... 24 12.15 –1.51 ... 38.43 24.93 S&T Bancorp STBA 4.8 7 26.88 –0.65 .32 375.90 190.15 SolarEdgeTech SEDG ... 86 293.39 +7.76 ...
9.60 2.57 NiuTech NIU ... dd 3.59 –0.13 ... 97.78 66.74 PapaJohn's PZZA 2.2 41 77.60 +2.81 .42 356.59 236.20 SBA Comm SBAC 1.4 70 239.59 –21.30 .85
18.48 3.12 Nkarta NKTX ... dd 4.63 –0.32 ... 24.49 4.07 Pulmonx LUNG ... dd 12.29 +0.54 ... 14.25 3.40 SolidBiosci SLDB ... dd 5.35 +0.47 ...
11.09 9.90 PapayaGrowthI A PPYA ... cc 10.46 +0.02 ... 5.16 1.60 PumaBiotech PBYI ... ... 3.15 +0.47 ... 3.84 1.15 SCYNEXIS SCYX ... dd 2.99 –0.16 ... 9.40 1.95 SolidPower SLDP ... dd 2.10 –0.17 ...
14.40 8.22 nLIGHT LASR ... dd 12.75 +3.98 ...
36.97 17.75 ParamountA PARAA 4.9 dd 19.54 –6.92 .24 38.90 18.15 PureTechHealth PRTC ... dd 27.53 +1.78 ... 64.69 46.30 SEI Investments SEIC 1.4 21 59.33 +0.42 .43 6.45 1.98 SomaLogic SLGC ... dd 2.91 +0.11 ...
230.20 1.62 Nogin NOGN ... dd 1.89 –0.06 ...
34.50 15.29 ParamountB PARA 5.7 dd 16.86 –6.47 .24 6.76 2.20 PurpleInnovation PRPL ... dd 2.75 –0.22 ... 11.04 9.93 ShuaaPtrsI A SHUA ... cc 10.55 ... ... 3.51 0.36 Sonder SOND ... dd .42 +0.01 ...
6.78 4.25 Noodles NDLS ... dd 4.70 –0.24 ...
3.65 1.29 ParatekPharm PRTK ... dd 1.74 +0.15 ... 9.63 4.89 Puyi PUYI ... dd 5.57 +0.21 ... 27.24 11.14 SI-BONE SIBN ... dd 22.03 –0.07 ... 3.98 0.20 Sono SEV ... ... .26 +0.04 ...
251.26 194.89 Nordson NDSN 1.2 26 220.17 +3.86 .65
7.16 0.75 PardesBiosci PRDS ... dd 1.90 –0.04 ... 6.92 1.10 PyxisOncology PYXS ... dd 2.89 –0.06 ... 26.99 5.11 SIGA Tech SIGA .0 13 5.93 +0.10 .45 24.56 13.65 Sonos SONO ... cc 21.61 +0.47 ...
48.50 33.15 NortheastBank NBN .1 6 36.49 –0.36 .01
21.36 9.23 Park-Ohio PKOH 3.3 dd 15.22 +2.25 .125 62.85 35.14 QCR Holdings QCRH .6 6 38.75 –2.65 .06 12.50 9.87 SKGrowthOppsA SKGR ... cc 10.50 +0.03 ... 6.25 1.69 SophiaGenetics SOPH ... dd 4.83 –0.01 ...
15.00 9.05 NorthernTechsIntl NTIC 2.5 36 11.40 –0.05 .07
2.89 0.95 PassageBio PASG ... dd 1.03 –0.01 ... 25.49 9.47 QifuTechnology QFIN 3.7 5 18.20 +0.56 .16 20.17 10.81 SLM SLM 3.1 8 14.30 –0.72 .11 24.90 5.78 SoteraHealth SHC ... dd 15.02 –1.75 ...
113.16 70.63 NorthernTrust NTRS 4.1 12 73.03 –5.13 .75
52.71 31.16 PathwardFinl CASH .4 10 44.66 +0.13 .05 2.14 0.70 QilianIntl QLI .0 38 1.15 ... .05 16.35 12.08 SLR Invt SLRC11.7 41 14.05 –0.44.1367 3.11 1.48 SotherlyHotels SOHO ... 1 1.87 –0.02 ...
16.13 9.13 NorthfieldBanc NFBK 5.3 8 9.72 –0.70 .13
17.65 12.25 PatriaInvts PAX 6.0 22 14.14 –0.69 .226 114.59 75.38 Qorvo QRVO ... cc 92.91 +0.83 ... 25.40 12.04 SMART Global SGH ... cc 16.50 +1.08 ... 11.51 9.96 SoundPointA SPCM ... 21 10.61 +0.02 ...
56.77 33.29 NorthrimBanCorp NRIM 5.4 8 37.20 +2.65 .60
11.05 9.95 PatriaLatAm PLAO ... 33 10.59 ... ... 156.66 101.93 Qualcomm QCOM 2.9 12 108.78 –8.02 .80 18.89 0.73 SMXSecurityMatters SMX ... dd 1.29 +0.43 ... 31.96 18.75 SouthPlainsFin SPFI 2.6 7 20.12 –0.41 .13
10.75 9.83 NorthViewAcqn NVAC ... 35 10.42 –0.01 ...
0.20 0.06 NorthViewRt NVACR ... ... .17 ... ...
77.96 41.75 PatrickIndustries PATK 2.7 7 66.57 –2.06 .45 18.21 9.32 QualtricsIntl XM ... dd 17.89 –0.04 ... 2.41 0.73 SPI Energy SPI ... dd 1.26 –0.05 ... 91.74 59.51 SouthState SSB 3.1 9 65.50 –3.48 .50
15.88 7.70 PatriotNatBncp PNBK ... 5 7.95 –0.80 ... 162.36 101.10 Qualys QLYS ... 42 116.61 +3.67 ... 39.60 27.93 SP Plus SP ... 17 35.51 +1.34 ... 49.96 20.75 SouthernFirstBcsh SFST ... 7 22.12 –5.46 ...
15.35 9.91 NorthwestBcshs NWBI 7.5 10 10.64 –1.05 .20
9.80 6.95 PatriotTransport PATI ... 26 9.23 +0.21 ... 13.79 9.89 QuantaSing QSG ... ... 10.91 –1.09 ... 157.46 96.41 SPS Commerce SPSC ... 96 150.39 +3.09 ... 56.04 30.28 SoMO Bancorp SMBC 2.6 8 32.38 –3.90 .21
40.60 25.71 NorthwestPipe NWPX ... 9 27.41 –0.13 ...
32.60 23.87 Patterson PDCO 3.9 13 26.60 –0.51 .26 23.02 6.31 Quanterix QTRX ... dd 18.51 +5.87 ... 65.92 45.25 SS&C Tech SSNC 1.4 24 55.35 –3.19 .20 31.00 20.10 SouthernStBcsh SSBK 1.7 6 20.65 –1.97 .09
62.95 48.68 Northwestern NWE 4.3 19 59.71 +1.09 .64
20.53 10.19 PattersonUTIEn PTEN 3.0 8 10.65 –0.54 .08 2.24 0.86 Quantum QMCO ... dd .95 –0.03 ... 22.11 12.78 SSR Mining SSRM 1.6 19 17.14 +2.82 .07 42.01 26.46 SouthsideBcshs SBSI 4.9 9 28.33 –3.40 .35
34.75 23.00 NorwoodFin NWFL 4.4 8 26.41 –0.47 .29
111.00 67.40 Nova NVMI ... 21 92.86 +1.41 ... 139.47 104.78 Paychex PAYX 3.3 26 107.83 –2.03 .89 4.65 1.38 Quantum-Si QSI ... dd 1.45 –0.02 ... 16.60 10.08 SabraHealthcare SBRA10.6 dd 11.29 –0.11 .30 18.40 12.50 SovosBrands SOVO ... dd 17.98 +0.83 ...
173.10 110.84 Novanta NOVT ... 79 162.39 +9.55 ... 34.95 20.14 PaycorHCM PYCR ... dd 22.31 –1.19 ... 7.30 1.07 Quhuo QH ... ... 2.01 +0.52 ... 9.02 3.54 Sabre SABR ... dd 3.67 –0.33 ... 37.75 23.38 SpartanNash SPTN 3.6 25 23.99 –0.53 .215
76.77 5.61 Novavax NVAX ... dd 7.71 +0.04 ... 276.88 152.01 Paylocity PCTY ... 83 173.32 –19.97 ... 108.35 66.88 QuidelOrtho QDEL ... 48 88.61 –1.34 ... 99.75 69.00 SafetyInsurance SAFT 5.1 39 70.05 –3.04 .90 3.18 0.68 SperoTherap SPRO ... dd 1.95 +0.18 ...
120.03 56.06 Novocure NVCR ... dd 68.23 +2.33 ... 8.04 3.33 Payoneer PAYO ... dd 5.56 +0.10 ... 3.85 0.54 QuinceTherap QNCX ... dd 1.57 +0.04 ... 29.75 21.70 SagaComm SGA 4.5 15 22.10 –0.15 .25 116.84 65.00 Splunk SPLK ... dd 85.25 –0.99 ...
14.35 2.29 Novonix NVX ... dd 2.78 +0.22 ... 103.03 66.39 PayPal PYPL ... 36 74.97 –1.03 ... 18.18 8.06 QuinStreet QNST ... dd 8.10 –3.02 ... 10.99 9.88 SagaliamAcqnA SAGA ... dd 10.54 –0.14 ... 13.45 6.13 SpokHoldings SPOK 9.7 9 12.89 +0.66.3125
10.66 9.94 NubiaBrandA NUBI ... cc 10.50 –0.02 ... 42.19 22.88 PeapackGladFinl PGC .8 6 25.21 –1.35 .05 21.93 3.04 QurateRetailB QRTEB ... dd 5.90 +2.08 ... 0.20 0.05 SagaliamAcqnRt SAGAR ... ... .18 +0.03 ... 14.56 7.10 Sportradar SRAD ... cc 13.02 +1.45 ...
2.24 0.52 NuCana NCNA ... dd .71 –0.14 ... 10.73 9.84 PearlHldgsAcqnA PRLH ... cc 10.48 –0.01 ... 4.23 0.67 QurateRetailA QRTEA ... dd .88 +0.08 ... 50.16 27.36 SageTherap SAGE ... dd 49.06 +0.21 ... 11.11 5.93 SportsmansWrhs SPWH ... 6 6.22 ... ...
19.91 7.52 NurixTherap NRIX ... dd 9.68 +0.05 ... 70.12 29.05 Pegasystems PEGA .3 dd 42.23 –3.39 .03 306.40 168.03 Saia SAIA ... 22 293.07 –4.70 ... 13.45 9.90 SportsMapTech SMAP ... cc 10.50 –0.07 ...
17.83 6.66 Peloton PTON ... dd 7.81 –1.07 ... R 3.02 0.96 SalemMedia SALM ... dd 1.02 –0.02 ... 10.79 10.00 SpringValleyII A SVII ... ... 10.45 +0.03 ...
33.73 13.44 Nutanix NTNX ... dd 23.94 –0.04 ...
40.43 7.09 Nuvalent NUVL ... dd 38.51 +3.12 ... 19.48 8.68 Pennant PNTG ... 56 12.06 –1.81 ... 32.45 9.86 RaptTherap RAPT ... dd 19.10 +0.90 ... 9.55 2.99 SanaBiotech SANA ... dd 5.70 +0.41 ... 0.26 0.10 SpringValleyII Rt SVIIR ... ... .16 ... ...
58.55 35.17 Nuvasive NUVA ... 67 42.78 –0.26 ... 28.00 21.50 PennsWoodsBncp PWOD 5.7 8 22.28 –1.01 .32 23.76 8.62 RBB Bancorp RBB 6.7 3 9.56 –2.89 .16 42.70 19.78 SandySpringBncp SASR 6.3 6 21.66 –0.82 .34 5.44 0.41 SpringBig SBIG ... dd .67 +0.12 ...
53.18 23.71 Nuvei NVEI ... cc 40.74 +0.09 ... 32.24 23.60 PeoplesBncpOH PEBO 6.1 7 25.44 –0.62 .39 97.45 46.49 RCI Hospitality RICK .3 15 74.83 –0.07 .06 119.33 67.02 Sanfilippo JBSS .6 21 116.36 +12.41 1.50 43.52 13.60 SpringWorks SWTX ... dd 23.60 +0.22 ...
290.58 108.13 NVIDIA NVDA .1 cc 286.80 +9.31 .04 34.88 21.66 PeoplesBncpNC PEBK 3.5 8 22.02 –6.06 .19 28.82 10.11 RCM Tech RCMT ... 6 12.19 +0.95 ... 6.42 1.28 SangamoTherap SGMO ... dd 1.34 –0.13 ... 39.99 22.56 SproutsFarmers SFM ... 16 36.42 +1.76 ...
16.02 4.36 Nyxoah NYXH ... dd 8.05 –0.04 ... 59.99 37.31 PeoplesFinSvcs PFIS 4.2 8 39.25 –1.10 .41 1.96 0.27 REE Automotive REE ... dd .32 +0.03 ... 10.62 3.30 SangomaTechs SANG ... dd 3.70 +0.15 ... 3.57 0.95 SpruceBio SPRB ... dd 2.30 +0.24 ...
20.00 4.32 PepGen PEPG ... dd 14.93 –0.16 ... 35.73 17.03 REGENXBIO RGNX ... dd 18.88 –0.48 ... 69.28 37.76 Sanmina SANM ... 11 52.65 +0.39 ... 112.27 46.36 StaarSurgical STAA ... cc 67.33 –3.14 ...
O 10.73 9.81 PepperLimeA PEPL ... cc 10.27 +0.01 ... 11.54 9.40 RF Acqn RFACU ... ... 10.36 –0.14 ... 57.82 36.91 Sanofi SNY 2.5 16 55.77 +2.12.2972 9.23 4.80 Stagwell STGW ... 54 5.71 –0.51 ...
53.59 28.85 ODP ODP ... 13 42.50 –0.71 ... 194.48 154.86 PepsiCo PEP 2.4 41 194.27 +3.381.265 10.91 9.80 RF Acqn A RFAC ... cc 10.34 +0.02 ... 26.66 16.18 SapiensInt SPNS 2.1 24 22.57 +2.44 .47 2.97 0.92 StdBioTools LAB ... dd 1.62 –0.08 ...
87.55 44.76 ON Semi ON ... 20 81.22 +9.26 ... 12.25 10.00 PerceptionCapII PCCT ... dd 10.83 +0.10 ... 0.28 0.03 RF Acqn Rt RFACR ... ... .09 +0.01 ... 4.61 0.35 SarcosTech&Robotic STRC ... dd .40 ... ... 33.99 16.85 StarBulkCarriers SBLK27.1 3 18.81 –2.30 .60
13.00 8.15 OP Bancorp OPBK 5.7 4 8.42 –0.67 .12 11.18 9.69 PerceptionCapII PCCTU ... ... 10.83 +0.13 ... 7.42 3.78 RF Industries RFIL ... 71 3.90 –0.16 ... 159.84 61.28 SareptaTherap SRPT ... dd 131.00 +8.23 ... 1.14 0.65 StarEquity STRR ... dd .87 +0.13 ...
3.24 1.00 OPKO Health OPK ... dd 1.83 +0.36 ... 15.65 9.75 PerdoceoEduc PRDO ... 9 11.81 –1.17 ... 24.55 18.01 RGC Resources RGCO 4.2 dd 18.85 –0.30.1975 8.08 0.59 SatsumaPharm STSA ... dd 1.07 +0.01 ... 20.79 15.33 StarWi STHO ... ... 16.49 +0.35 ...
11.02 9.79 OPYAcqnIA OHAA ... cc 10.28 +0.06 ... 12.00 5.47 PerellaWeinberg PWP 3.5 dd 7.90 ... .07 11.24 9.91 ROC Energy ROC ... cc 10.52 +0.01 ... 2.85 1.06 Savara SVRA ... dd 2.03 +0.15 ... 115.48 68.39 Starbucks SBUX 2.0 35 107.21 –7.08 .53
May 8, 2023 BARRON’S 45

D ATA NASDAQ ISSUES FOREIGN MARKETS


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
4.18 2.15 StealthGas GASS ... 3 2.71 –0.07 ... 49.11 39.72 TowerSemi TSEM ... 18 43.34 –1.67 ... 10.09 6.49 VersaBank VBNK 1.1 9 6.49 –0.86.0182 10.04 3.28 WW Intl WW ... dd 9.29 +0.94 ... XYZ
136.46 62.44 SteelDynamics STLD 1.7 5 98.20 –5.75 .425 33.42 21.31 TowneBank TOWN 4.0 9 23.11 –0.58 .23 22.98 9.44 Vertex VERX ... dd 20.19 –0.46 ... 13.13 1.58 Wag! PET ... dd 2.23 –0.06 ...
36.09 20.24 StellarBancorp STEL 2.3 13 22.69 –0.25 .13 251.17 166.49 TractorSupply TSCO 1.7 25 240.33 +1.93 1.03 354.46 233.01 VertexPharm VRTX ... 28 348.09 +7.36 ... 45.30 30.39 WalgreensBoots WBA 6.0 dd 32.17 –3.08 .48 8.00 4.30 XIAO-I AIXI ... ... 5.55 +0.15 ...
32.12 20.75 StepStone STEP 3.6 dd 22.10 +0.07 .20 76.75 39.00 TradeDesk TTD ... cc 62.70 –1.64 ... 43.00 10.70 VerveTherap VERV ... dd 16.24 +0.31 ... 15.20 6.87 WalkMe WKME ... dd 10.00 –0.44 ... 32.09 15.68 XOMA XOMA ... dd 18.33 –0.06 ...
56.12 39.63 Stericycle SRCL ... 50 44.37 –1.28 ... 79.98 51.47 Tradeweb TW .5 48 71.84 +1.43 .09 45.45 9.40 ViaRenewables VIA 36.4 dd 9.96 –0.39.9063 18.76 8.82 WarnerBrosA WBD ... dd 12.89 –0.72 ... 25.30 10.30 XP XP ... 13 14.91 +0.62 ...
26.21 10.58 SterlingCheck STER ... 58 11.18 –0.06 ... 8.50 3.60 TransActTechs TACT ... dd 5.60 ... ... 6.55 3.15 ViantTech DSP ... dd 4.24 –0.18 ... 38.76 21.57 WarnerMusic WMG 2.3 29 27.56 –2.91 .16 7.30 3.00 XBiotech XBIT ... dd 3.35 –0.09 ...
43.05 20.46 SterlingInfr STRL ... 14 42.74 +5.82 ... 91.71 50.32 Transcat TRNS ... 63 82.48 +6.19 ... 44.77 25.38 ViaSat VSAT ... dd 37.46 +2.43 ... 39.17 23.90 WashingtonFederal WAFD 3.8 6 26.25 –1.79 .25 1.99 0.51 XcelBrands XELB ... dd .56 –0.04 ...
40.73 26.36 StevenMadden SHOO 2.6 12 32.77 –2.27 .21 2.85 0.28 TransCodeTherap RNAZ ... dd .32 ... ... 12.40 8.42 Viatris VTRS 5.2 5 9.28 –0.05 .12 55.93 23.89 WashTrBcp WASH 8.9 6 25.31 –2.80 .56 77.66 56.89 XcelEnergy XEL 3.0 22 69.57 –0.34 .52
10.27 2.63 StitchFix SFIX ... dd 3.10 –0.31 ... 90.15 23.96 TransMedics TMDX ... dd 74.02 –5.08 ... 16.00 8.52 ViaviSolutions VIAV ... 51 9.16 +0.20 ... 38.20 19.36 Xencor XNCR ... dd 27.42 +0.98 ...
18.93 12.99 WaterstoneFinl WSBF 5.8 19 13.88 +0.03 .20
78.71 42.59 StockYardsBncp SYBT 2.6 12 45.42 –3.18 .29 88.55 31.19 TravelCenters TA ... 9 86.04 –0.09 ... 82.40 38.71 Vicor VICR ... 63 44.74 +1.77 ... 42.65 24.94 XenonPharm XENE ... dd 42.42 +2.14 ...
70.18 16.96 WeatherfordIntl WFRD ... 25 60.79 –3.84 ...
8.47 4.10 Travelzoo TZOO ... 13 7.62 +0.17 ... 34.01 22.22 VictoryCapital VCTR 3.6 8 29.95 –0.59 .32 2.50 0.97 XerisBiopharma XERS ... dd 2.40 +0.14 ...
22.87 6.88 StokeTherap STOK ... dd 11.95 +3.06 ... 25.57 10.02 Weibo WB ... 46 16.38 –1.13 ...
29.14 14.51 TravereTherap TVTX ... dd 16.80 –4.77 ... 2.74 0.25 View VIEW ... dd .26 –0.08 ... 19.40 11.80 Xerox XRX 7.1 dd 14.16 –1.51 .25
13.65 6.81 StoneCo STNE ... dd 13.60 +1.28 ... 3.01 0.33 Wejo WEJO ... dd .37 –0.02 ...
27.97 12.48 TreaceMed TMCI ... dd 26.47 +1.98 ... 4.96 1.00 ViewRay VRAY ... dd 1.05 –0.13 ... 4.92 1.95 XilioTherap XLO ... dd 3.12 –0.18 ...
106.35 68.94 StoneX SNEX ... 8 87.94 –10.13 ... 10.56 9.87 WelsbachTech WTMA ... dd 10.42 +0.01 ...
12.85 5.06 TremorIntl TRMR ... 18 5.40 –0.32 ... 16.77 2.18 VigilNeurosci VIGL ... dd 10.00 +1.30 ... 64.35 12.45 Xometry XMTR ... dd 12.99 –0.90 ...
21.44 11.04 Stratasys SSYS ... dd 14.26 –0.10 ... 0.27 0.02 WelsbachTechRt WTMAR ... ... .19 +0.01 ...
23.08 2.02 VikingTherap VKTX ... dd 22.86 +1.55 ... 3.25 0.43 Xos XOS ... dd .49 –0.01 ...
98.22 59.43 StrategicEd STRA 2.9 52 82.11 –5.89 .60 4.68 1.43 TreviTherap TRVI ... dd 3.23 –0.21 ... 23.78 15.77 Wendy's WEN 4.4 27 22.63 +0.53 .25
58.62 28.66 TriCoBancshares TCBK 3.9 7 31.06 –4.75 .30 24.43 19.09 VillageSuper A VLGEA 4.6 9 21.62 –0.27 .25 2.23 0.85 Xunlei XNET ... 5 1.58 ... ...
36.35 18.45 Strattec STRT ... dd 19.08 –0.32 ... 7.51 1.39 WerewolfTherap HOWL ... dd 2.98 +0.61 ...
31.89 21.41 TriMas TRS .6 19 25.35 –0.06 .04 10.76 3.07 Vimeo VMEO ... dd 3.54 +0.25 ... 20.48 2.70 Y-mAbsTherap YMAB ... dd 6.91 +0.92 ...
46.44 18.51 StratusProp STRS .0 2 25.25 +3.85 4.67 50.31 35.84 WernerEnterprises WERN 1.1 13 46.33 +1.16 .13 8.51 1.43 Yellow YELL ... dd 1.51 –0.36 ...
3.79 0.40 StrongholdDig SDIG ... dd .96 –0.02 ... 72.24 45.43 Trimble TRMB ... 26 48.05 +0.95 ... 12.37 7.80 VinciPartners VINP 8.9 11 8.02 –0.19 .17 41.37 19.84 WesBanco WSBC 6.1 8 22.82 –3.80 .35
1.50 0.80 TrinityBiotech TRIB ... dd 1.02 –0.03 ... 10.03 0.96 VintageWineEstates VWE ... dd 1.28 –0.06 ... 47.23 36.85 YorkWater YORW 1.9 31 42.53 +0.49.2027
30.00 20.80 StructureTherap GPCR ... ... 23.65 –1.78 ... 26.26 15.82 WestBancorp WTBA 6.2 7 16.15 –1.08 .25 10.36 9.80 YottaAcqn YOTA ... cc 10.36 +0.01 ...
30.83 17.61 SummitFin SMMF 4.4 4 18.20 –1.23 .20 17.09 10.23 TrinityCapital TRIN15.2 dd 11.82 –0.34 .47 1.90 0.70 ViomiTech VIOT ... dd .92 +0.02 ... 63.86 35.52 WestamericaBncp WABC 4.4 7 38.60 –1.91 .42
31.78 18.05 VirBiotech VIR ... dd 24.50 –0.65 ... 0.23 0.06 YottaAcqnRt YOTAR ... ... .23 +0.04 ...
17.92 12.36 SummitStateBk SSBI 3.2 6 15.24 –0.33 .12 40.17 18.46 Trip.com TCOM ... cc 33.10 –2.41 ... 12.67 9.80 WesternAcqn WAVS ... dd 10.24 –0.04 ...
5.75 0.96 ViractaTherap VIRX ... dd 1.00 –0.29 ... 1.20 0.25 Yunji YJ ... dd .33 –0.01 ...
5.78 0.66 SummitTherap SMMT ... dd 2.17 +0.85 ... 28.05 14.39 Tripadvisor TRIP ... dd 15.72 –2.01 ... 63.00 29.73 WesternDigital WDC ... dd 33.45 –0.99 ...
5.07 2.76 VircoMfg VIRC ... 4 3.83 +0.11 ... 53.95 20.98 ZaiLab ZLAB ... dd 37.65 +2.67 ...
12.60 6.43 SumoLogic SUMO ... dd 12.04 +0.04 ... 10.35 0.82 TritiumDCFC DCFC ... ... 1.00 +0.01 ... 10.25 5.80 WestNewEngBncp WNEB 4.7 5 6.00 –0.77 .07
28.61 16.26 VirtuFinancial VIRT 5.4 9 17.62 –2.43 .24 10.98 3.60 ZappEV ZAPP ... dd 4.56 –4.19 ...
27.34 13.25 SunCountryAir SNCY ... 20 17.63 –2.10 ... 76.49 45.08 TriumphFinl TFIN ... 14 49.08 –2.88 ... 1.60 0.66 WestportFuelSys WPRT ... dd .71 –0.03 ...
248.23 141.80 VirtusInvtPtrs VRTS 3.9 10 168.78 –13.43 1.65 365.97 224.87 ZebraTech ZBRA ... 35 273.80 –14.23 ...
11.67 4.85 SunOpta STKL ... dd 8.04 –0.46 ... 2.03 0.93 trivago TRVG ... dd 1.20 –0.24 ... 14.71 9.34 WestrockCoffee WEST ... dd 11.65 –0.58 ...
10.55 9.82 ViscogliosiBros VBOC ... dd 10.39 +0.02 ... 32.34 15.55 ZentalisPharm ZNTL ... dd 22.29 +0.26 ...
28.42 10.84 SunPower SPWR ... 99 11.29 –1.93 ... 3.76 1.30 TrueCar TRUE ... dd 2.59 +0.02 ... 32.45 19.89 WeycoGroup WEYS 3.7 8 25.94 –1.20 .25
10.63 10.00 VisionSensingA VSAC ... dd 10.59 +0.06 ... 15.73 0.75 ZeroFox ZFOX ... dd .76 –0.20 ...
39.13 16.16 SunRun RUN ... cc 17.65 –3.39 ... 82.49 23.35 Trupanion TRUP ... dd 28.88 –6.23 ... 29.71 10.98 Willdan WLDN ... dd 15.89 +1.24 ...
171.66 94.29 Visteon VC ... 28 135.38 –5.01 ... 6.92 4.00 ZevraTherapeutics ZVRA ... dd 4.91 –0.49 ...
143.53 37.01 SuperMicroComp SMCI ... 13 137.23 +31.80 ... 39.36 27.55 TrustcoBank TRST 5.0 7 28.95 –0.89 .36 65.19 30.22 WillisLease WLFC ... 12 51.87 +1.37 ...
24.33 7.39 VitaCoco COCO ... cc 22.64 +0.99 ... 94.59 65.61 ZiffDavis ZD ... 53 66.36 –6.78 ...
19.12 7.14 SuperiorGroup SGC 7.4 dd 7.54 –0.26 .14 38.47 20.74 Trustmark TRMK 4.1 15 22.56 –1.33 .23 258.93 187.89 WillisTowers WTW 1.5 23 227.82 –3.78 .84
18.18 7.89 VitalFarms VITL ... 69 15.42 +2.54 ... 48.48 26.21 Zillow A ZG ... dd 47.86 +5.08 ...
42.09 24.95 SupernusPharms SUPN ... 37 36.71 –0.15 ... 4.56 1.45 TScanTherap TCRX ... dd 2.40 +0.13 ... 2.38 0.56 WiMiHologram WIMI ... dd 1.04 +0.14 ...
23.99 11.65 Vitru VTRU ... 21 12.98 –0.99 ... 49.32 26.14 Zillow C Z ... dd 48.68 +5.14 ...
2.30 0.56 SurfaceOncol SURF ... dd .60 +0.02 ... 2.90 0.46 Tuniu TOUR ... dd 1.80 –0.05 ... 223.77 67.67 Wingstop WING .4 cc 210.23 +10.12 .19 10.60 9.68 ZimmerEnerA ZT ... 16 10.19 +0.01 ...
6.77 0.99 Surgalign SRGA ... dd 1.20 +0.20 ... 19.35 6.17 TurtleBeach HEAR ... dd 12.98 +2.11 ... 9.85 6.29 VividSeats SEAT ... 21 7.40 +0.22 ...
349.60 183.94 Winmark WINA 1.0 29 319.02 –14.90 .80 25.25 5.05 ZimVie ZIMV ... dd 9.94 +1.71 ...
54.98 20.46 SurgeryPartners SGRY ... dd 35.21 –4.45 ... 10.85 1.06 TuSimple TSP ... dd 1.13 –0.08 ... 16.88 9.94 Vodafone VOD 7.6 15 11.95 ....4482
7.57 3.48 VorBiopharma VOR ... dd 3.93 –0.52 ... 97.81 57.48 WintrustFin WTFC 2.4 8 65.46 –2.91 .40 59.75 18.26 ZionsBancorp ZION 6.9 4 23.76 –4.10 .41
40.21 16.00 Surmodics SRDX ... dd 21.41 –1.63 ... 6.31 1.74 23andMe ME ... dd 2.11 +0.14 ... 3.49 1.18 WISeKey WKEY ... dd 2.20 –0.15 ... 124.05 60.45 ZoomVideo ZM ... cc 63.40 +1.97 ...
8.72 3.33 SutroBioph STRO ... dd 5.48 +1.22 ... 14.46 7.91 TwinDisc TWIN ... 17 12.17 +0.72 ... 10.82 4.61 VoyagerTherap VYGR ... dd 8.06 +0.81 ...
2.76 0.73 Vroom VRM ... dd .84 +0.03 ... 101.55 53.12 Wix.com WIX ... dd 76.85 –10.38 ... 51.86 20.50 ZoomInfoTech ZI ... 82 20.55 –1.36 ...
11.44 9.77 SwiftmergeAcqn IVCPU ... ... 10.83 +0.43 ... 58.76 11.46 TwistBiosci TWST ... dd 12.89 +0.41 ... 116.24 79.26 Woodward WWD .8 42 108.88 +12.86 .22 194.21 84.93 Zscaler ZS ... dd 89.46 –0.64 ...
11.08 9.77 SwiftmergeA IVCP ... cc 10.39 +0.03 ... 18.88 8.25 2seventybio TSVT ... dd 11.43 +1.92 ... W 206.68 128.72 Workday WDAY ... dd 181.48 –4.66 ... 36.40 15.70 Zumiez ZUMZ ... 15 16.47 –1.01 ...
211.00 1.04 Swvl SWVL ... ... 1.20 +0.03 ... 13.15 3.37 2U TWOU ... dd 3.50 –2.04 ... 7.12 1.16 WaveLifeSci WVE ... dd 3.99 ... ... 186.36 58.44 WorldAcceptance WRLD ... 31 109.33 +8.43 ... 10.80 4.11 Zymeworks ZYME ... 5 8.64 +0.24 ...
32.17 8.75 Symbotic SYM ... dd 27.04 +0.48 ... 16.86 4.93 TyraBiosciences TYRA ... dd 12.42 –1.75 ... 209.64 145.16 WD-40 WDFC 1.8 42 184.49 –5.91 .83 10.75 9.81 WorldwideWebbA WWAC ... 30 10.28 +0.01 ... 17.25 5.84 Zynex ZYXI ... 21 9.37 –2.07 ...
167.30 67.73 Synaptics SYNA ... 17 76.27 –12.29 ... U 51.77 29.86 WSFS Financial WSFS 1.9 7 32.37 –2.80 .15 117.86 50.20 WynnResorts WYNN ... dd 110.78 –3.50 ... 25.00 0.43 ZyVersaTherap ZVSA ... dd .56 +0.10 ...
1.87 0.51 Synchronoss SNCR ... dd .89 ... ... 99.40 64.13 UFP Inds UFPI 1.2 8 81.43 +2.91 .25
29.86 13.27 SyndaxPharm SNDX ... dd 20.06 –0.49 ... 99.19 50.68 UMB Fin UMBF 2.6 7 57.88 –5.73 .38
79.77 22.89 SyneosHealth SYNH ... 15 39.72 +0.46 ... 5.79 2.65 UPFintech TIGR ... dd 2.87 –0.05 ...
1.69 0.48 Synlogic SYBX ... dd .55 +0.02 ...
392.79
2.50
255.02
1.71
Synopsys
SyprisSolutions
SNPS ...
SYPR ...
61
dd
371.56
1.98
+0.24 ...
–0.04 ...
14.97
168.84
11.45
8.56
102.12
9.87
USCB Financial
US Lime&Min
UTA Acqn A
USCB ...
USLM .5
UTAA ...
...
18
cc
9.08
165.98
10.46
–0.44 ...
+5.08 .20
–0.01 ...
Europe Asia
11.50 2.42 SyrosPharm SYRS ... dd 3.15 –0.03 ... 6.60 0.46 uCloudlink UCL ... dd 4.13 –0.23 ... Arm Twist: After chipmaker Arm decided to list in the U.S., Unsteady Footing: China’s stocks edged up, on mixed
T 17.26 8.17 Udemy UDMY ... dd 8.98 –0.11 ...
556.60 330.80 UltaBeauty ULTA ... 22 520.05 –31.38 ... regulators in the U.K. promised to make London listing easier. results for corporate earnings and the economy’s recovery.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

3.88 0.82 TCR2 Therap TCRR ... dd 1.95 +0.19 ...


13.18 5.15 TelaBio TELA ... dd 9.74 +0.34 ... 39.10 23.32 UltraClean UCTT ... cc 28.22 –0.32 ...
68.68 33.36 UltragenyxPharm RARE ... dd 47.22 +3.55 ...
6.73 0.53 TFF Pharm TFFP ... dd .76 +0.19 ...
5.77 3.67 Ultralife ULBI ... dd 4.08 –0.12 ...
-0.22% S&P Europe BMI S&P Pan Asia BMI 0.29%
15.70 11.05 TFS Fin TFSL 9.5 42 11.93 –0.11.2825
10.84 9.89 TGVentureAcqn TGVC ... dd 10.42 +0.02 ... 30.78 20.07 UnionBankshares UNB 6.9 7 20.88 –1.17 .36 Greece 1.41 Philippines 0.88
11.35 9.95 TLGY Acqn A TLGY ... 26 10.57 +0.01 ... 28.26 12.52 uniQure QURE ... dd 21.33 +1.92 ...
55.04 31.58 UnitedAirlines UAL ... 8 44.81 +1.01 ... Switzerland 1.09 Japan 0.84
1.67 0.51 TMCthemetals TMC ... dd .74 –0.08 ...
10.20 10.10 TMT Acqn TMTC ... ... 10.18 ... ... 44.15 28.29 UnitedBkshrsWV UBSI 4.7 10 30.41 –2.72 .36 Italy 0.88 Malaysia 0.59
0.30 0.19 TMT Acqn Rt TMTCR ... ... .26 ... ... 39.50 20.37 UtdCmtyBks UCBI 4.1 9 22.41 –2.49 .23
154.38 120.90 T-MobileUS TMUS ... 47 143.56 –0.34 ... 37.26 24.72 UnitedFire UFCS 2.3 47 27.43 +0.53 .16 Netherlands 0.15 China 0.54
44.43 23.09 TPG TPG 6.0 dd 26.52 –2.45 .50 20.90 8.60 UnitedGuardian UG 6.4 17 9.71 +0.08 .31
8.38 5.50 UnitedSecBcshrs UBFO 7.5 5 5.83 –0.19 .11 Finland 0.02 Taiwan 0.49
25.05 8.46 TPIComposites TPIC ... dd 9.51 –2.85 ...
134.64 93.53 T.RowePrice TROW 4.5 18 107.47 –4.86 1.22 283.09 174.36 UnitedTherap UTHR ... 14 214.12 –16.01 ... -0.11 Belgium India 0.42
77.11 32.29 TTEC TTEC 3.1 18 33.96 –0.11 .52 11.85 2.94 Uniti UNIT15.7 dd 3.82 +0.40 .15
29.88 20.01 UnityBancorp UNTY 2.2 6 21.42 –1.73 .12 -0.71 Germany Thailand 0.36
17.49 11.13 TTM Tech TTMI ... 17 11.65 –0.16 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

4.55 1.52 Taboola TBLA ... dd 2.25 –0.06 ... 18.50 1.46 UnityBiotech UBX ... dd 2.34 +0.20 ... -0.73 France Singapore 0.20
6.69 2.09 TabulaRasaHlth TRHC ... dd 5.35 –0.07 ... 155.91 89.41 UnivDisplay OLED 1.0 33 137.45 +3.99 .35
19.10 6.28 TactileSystems TCMD ... dd 18.63 +0.40 ... 29.28 8.64 UnivElectro UEIC ... dd 8.90 –1.15 ... -0.79 Sweden -0.11 South Korea
137.43 90.00 TakeTwoSoftware TTWO ... dd 124.51 +0.22 ... 45.00 20.92 UnivLogistics ULH 1.6 5 25.98 +0.38 .105
10.05 6.52 UnivStainless USAP ... dd 9.46 –0.01 ...
-1.02 Spain -1.05 Hong Kong
9.47 0.89 TalarisTherap TALS ... dd 2.93 +0.05 ...
1.94 0.52 Talkspace TALK ... dd .84 +0.04 ... 2.08 0.48 UniversePharm UPC ... dd .67 +0.19 ... -1.05 U.K. -1.15 New Zealand
11.37 10.02 Talon1AcqnA TOAC ... 27 10.68 +0.01 ... 29.06 16.63 UnivestFin UVSP 4.7 7 17.99 –2.13 .21
79.40 33.43 TandemDiabetes TNDM ... dd 35.06 –4.52 ... 31.91 16.82 Upbound UPBD 4.3 28 31.34 +4.68 .34 -1.51 Denmark -1.16 Australia
16.33 3.37 UplandSoftware UPLD ... dd 3.68 +0.01 ...
8.56 3.10 TangoTherap TNGX ... dd 3.43 +0.03 ...
89.70 11.93 Upstart UPST ... dd 13.24 –0.66 ...
-2.21 Norway -1.57 Indonesia
8.25 2.07 TarenaIntl TEDU ... 3 3.48 –0.09 ...
10.60 9.85 TargetGlbl I A TGAA ... cc 10.48 ... ... 25.05 6.56 Upwork UPWK ... dd 8.00 –1.57 ... Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices
19.66 10.80 TarsusPharm TARS ... dd 15.35 +0.43 ... 29.74 17.81 UrbanOutfitters URBN ... 17 28.04 +0.98 ...
26.73 11.42 TaskUs TASK ... 29 11.83 –1.63 ... 16.11 4.85 UroGenPharma URGN ... dd 11.85 +0.26 ...
6.99
5.09
4.97
0.61
TatTechnologies
TayshaGene
TATT ...
TSHA ...
dd
dd
5.72
.71
–0.18 ...
–0.07 ...
2.90
109.50
5.03
1.22
80.10
2.44
Usio
UtahMedProducts
UTStarcom
USIO ...
UTMD 1.3
UTSI ...
dd
20
dd
2.18
93.68
3.80
+0.34 ...
–1.16 .295
–0.20 ...
Key Foreign Stock Market Indexes
11.15 9.94 Tech&TelecomA TETE ... 95 10.66 +0.04 ... Most Recent Week’s Year-to-Date Most Recent Week’s Year-to-Date
10.70 0.80 Uxin UXIN ... 0 1.11 –0.01 ... Close %Chg. Chg. % Chg. Close %Chg. Chg. % Chg.
74.61 32.22 TechTarget TTGT ... 26 33.37 –0.72 ...
8.34 5.16 Ericsson ERIC 3.0 11 5.42 –0.07.0873 V Amsterdam AEX 750.48 –1.06 +61.47 +8.92 Milan FTSE All Share 29509 +0.89 +3789.88 +14.74
18.21 6.00 Telesat TSAT ... dd 8.89 +0.28 ... 10.93 9.90 VMGConsumerA VMGA ... cc 10.41 ... ... Athens General 1111.24 +2.41 +181.45 +19.52 Oslo Composite 1371.46 –1.51 +8.78 +0.64
4.72 1.08 TelesisBio TBIO ... dd 2.86 +0.27 ... 6.83 2.75 VNET VNET ... dd 3.00 +0.06 ...
12.51 1.53 Telos TLS ... dd 1.74 +0.04 ... 14.75 5.85 VOXX Intl VOXX ... dd 12.70 –0.07 ... Bangkok SET 1533.30 +0.27 –135.36 –8.11 Paris CAC 7432.93 –0.78 +959.17 +14.82
15.15 0.30 TempoAutomation TMPO ... dd .33 –0.05 ... 59.15 31.85 VSE VSEC .8 20 47.82 +5.53 .10 Bombay Sensex 61054 –0.10 +213.55 +0.35 Santiago Selective 3203.96 +0.48 +31.39 +0.99
56.22 23.81 10xGenomics TXG ... dd 54.27 +1.84 ... 7.13 0.69 Vacasa VCSA ... dd .83 +0.03 ...
53.75 28.80 Tenable TENB ... dd 36.06 –0.93 ... 7.45 2.02 Vaccitech VACC ... 18 2.30 –0.01 ... Brussels Bel-20 3799.88 –0.05 +98.71 +2.67 Sao Paulo Bovespa 105148 +0.69 –4586.12 –4.18
8.80 1.64 TenayaTherap TNYA ... dd 6.80 +1.49 ... 10.86 9.92 VahannaTechI A VHNA ... cc 10.54 +0.05 ... Buenos Aires Merval 297140 –0.28 +95054 +47.04 Seoul Composite 2500.94 –0.02 +264.54 +11.83
0.49 0.10 TenXKeaneAcqnRt TENKR ... ... .21 +0.01 ... 13.07 6.64 ValleyNatlBncp VLY 5.8 7 7.60 –1.78 .11 Copenhagen OMX 20 2031.07 –1.54 +195.78 +10.67 Shanghai Composite 3334.50 +0.34 +245.24 +7.94
112.06 67.81 Teradyne TER .5 24 92.63 +1.25 .11 33.76 9.07 Valneva VALN ... dd 12.87 +3.43 ...
14.04 1.45 TernsPharm TERN ... dd 12.46 –0.59 ... 11.05 9.97 ValuenceI A VMCA ... cc 10.60 +0.02 ... Dublin ISEQ 8287.13 –1.72 +1178.31 +16.58 Shenzhen B Share Idx 1180.12 +0.58 +22.79 +1.97
25.50 10.51 TerritorialBncp TBNK 8.1 7 11.30 –5.45 .23 11.90 5.75 VandaPharm VNDA ... 25 6.95 +0.81 ... EURO STOXX SXXE 458.92 –0.50 +48.95 +11.94 Singapore FTSE STI 3266.63 –0.12 +15.31 +0.47
314.67 101.81 Tesla TSLA ... 50 170.06 +5.75 ... 23.78 17.11 VarexImaging VREX ... 31 22.01 +4.27 ...
8.79 4.03 TesscoTech TESS ... dd 8.77 –0.01 ... 36.99 15.61 VaronisSystems VRNS ... dd 23.03 –0.13 ... EURO STOXX 50 SXSE 4340.43 –0.43 +546.81 +14.41 Stockholm OMXS 849.97 –1.01 +68.11 +8.71
169.67 118.55 TetraTech TTEK .6 25 143.65 +5.28 .23 5.65 3.05 VastaPlatform VSTA ... dd 3.80 –0.38 ... Frankfurt DAX 15961 +0.24 +2037.43 +14.63 STOXX Europe 50 SXSP 4032.48 –0.40 +380.65 +10.42
69.27 43.37 TexasCapBcshs TCBI ... 8 48.35 –1.90 ... 51.67 17.44 Vaxcyte PCVX ... dd 51.40 +8.57 ...
186.30 144.46 TexasInstruments TXN 3.0 19 165.82 –1.38 1.24 Helsinki OMHX 10665 –0.07 –142.45 –1.32 STOXX Europe 600 SXXP 465.31 –0.28 +40.42 +9.51
6.60 1.24 Vaxxinity VAXX ... dd 2.30 +0.17 ...
113.56 68.58 TexasRoadhouse TXRH 2.0 26 108.31 –2.31 .55 11.98 4.25 VectivBio VECT ... dd 10.69 +0.20 ... Hong Kong Hang Seng 20049 +0.78 +267.90 +1.35 Sydney S&P/ASX 200 7220.00 –1.22 +181.31 +2.58
37.58 16.59 TheBancorp TBBK ... 12 30.78 –1.13 ... 23.92 16.11 VeecoInstr VECO ... 7 18.56 +0.14 ... Istanbul IMKB 4400.76 –4.70 –1108.40 –20.12 Taipel Weighted 15626 +0.30 +1488.38 +10.53
11.69 1.99 TherapeuticsMD TXMD ... dd 3.83 +0.29 ... 47.25 11.07 VentyxBiosciences VTYX ... dd 39.55 +1.95 ...
12.03 7.53 TheravanceBio TBPH ... dd 11.33 +0.50 ... 6.95 2.84 VeraBradley VRA ... dd 5.39 +0.15 ... Jakarta Composite 6767.69 –2.14 –82.93 –1.21 Tel Aviv 125 Index 1785.83 +2.90 –27.52 –1.52
14.77 4.01 TheseusPharm THRX ... dd 11.81 +1.57 ... 23.39 5.20 VeraTherap VERA ... dd 7.44 +0.79 ... Johannesburg All Share 78132 –0.11 +5084.20 +6.96 Tokyo Nikkei-225 29157 +1.04 +3063.45 +11.74
26.75 12.31 ThirdCoastBcshs TCBX ... 8 13.94 ... ... 32.40 14.85 Veracyte VCYT ... dd 23.28 +0.64 ...
24.60 3.75 ThirdHarmonic THRD ... ... 4.79 +0.26 ... Kuala Lumpur Composite 1431.04 +1.07 –64.45 –4.31 Toronto S&P/TSX 20542 –0.46 +1157.11 +5.97
19.91 11.61 Veradigm MDRX ... 32 12.28 –0.21 ...
2.39 0.70 36Kr KRKR ... 11 1.00 +0.02 ... 1.47 0.29 Verastem VSTM ... dd .43 +0.04 ... LISBON PSI 4617.37 –1.26 +196.94 +4.46 Vienna ATX 3216.88 –1.28 +90.49 +2.89
6.90 3.41 ThorneHealthtech THRN ... 15 4.43 +0.02 ... 33.73 17.30 Vericel VCEL ... dd 33.04 +1.53 ... London FTSE - 100 7778.38 –1.17 +326.64 +4.38 Wellington S&P/NZX 50 11889 –1.09 +415.77 +3.62
18.25 5.93 Thoughtworks TWKS ... dd 7.60 +1.37 ... 53.08 31.63 VerintSystems VRNT ... dd 33.91 –2.58 ...
6.63 0.73 ThredUp TDUP ... dd 2.68 +0.04 ... 226.50 155.25 VeriSign VRSN ... 34 219.49 –2.31 ... Madrid IBEX 35 9147.30 –1.01 +918.22 +11.16 Zurich Swiss 11554 +1.02 +824.84 +7.69
10.65 9.70 ThunderBridgeIV A THCP ... 82 10.20 +0.03 ... 211.93 156.05 VeriskAnalytics VRSK .6 66 210.88 +16.77 .34 Manila Composite 6685.66 +0.91 +119.27 +1.82
5.17 2.17 TilrayBrands TLRY ... dd 2.77 +0.42 ... 35.22 15.13 Veritex VBTX 4.9 6 16.31 –0.90 .20
35.62 22.38 TimberlandBncp TSBK 4.0 7 22.92 –2.83 .23 10.99 3.58 Veritone VERI ... dd 3.83 –0.94 ... Mexico City IPC 54937 –0.33 +6473.53 +13.36 Indexes are based on local currencies. Because of various holidays and other market closings, the most
recent close is not necessarily that of the week of publication.
47.87 21.50 TitanMachinery TITN ... 7 31.57 +0.22 ... 26.44 3.41 VeronaPharma VRNA ... dd 21.66 +0.71 ...
36.60 9.23 Torm TRMD15.6 4 29.66 –1.69 2.59 8.70 1.77 VerricaPharm VRCA ... dd 6.55 +0.38 ...
46 BARRON’S May 8, 2023

D ATA TOP 500 EXCHANGE-TRADED PORTFOLIOS B A R R ON S .C OM / D ATA


Tick Div Tick Div Tick Div Tick Div Tick Div
NOTICE TO READERS: Listed are Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
the top 500 ETF’s based on weekly iShGlbInfr IGF 2.5 48.97 ... .5179 DirexS&P500Br3 SPXS ... 17.43 +0.41 ... InvscDynOil&GasSv PXJ .9 4.64 –0.21 .0126 iShMSCIPacxJpn EPP 4.2 44.30 +0.17 .7088 SPDRGoldMini GLDM ... 40.05 +0.56 ...
volume. iShiBdsDec25Trea IBTF 2.6 23.53 –0.01 .0762 DirexS&P500Bl3 SPXL .6 73.72 –2.15 .2619 InvscEMSovDebt PCY 6.6 19.06 –0.18 .1074 iShMSCISaudiArabia KSA 1.8 40.97 –0.20 .40 SPDR Gold GLD ... 187.46 +2.66 ...
iShiBdsDec24Trea IBTE 2.8 23.92 –0.04 .0805 DirexS&PBiotechBr3 LABD 2.3 13.66 –3.23 .2182 InvscFinlPfd PGF 6.1 13.99 –0.86 .0714 iShMSCISingapore EWS 2.4 20.04 +0.16 .2051 SPDRMSCIEAFEStrat QEFA 2.7 71.80 +0.41 .6596
Tick Div
Name Sym Yld Last Chg. Amt. iShiBdsDec23Trea IBTD 2.6 24.73 –0.07 .0879 DirexS&PBiotechBl3 LABU ... 6.66 +1.09 ... InvscFTSERAFIEM PXH 5.5 18.66 +0.16 .1268 iShMSCISthKorea EWY 1.1 61.59 +0.92 .6974 SPDRNuvBBHYMuni HYMB 3.8 25.02 +0.04 .0847
iShIntlTreasuryBd IGOV ... 40.51 +0.10 ... DirexS&P500Br1 SPDN 1.6 15.48 +0.15 .0943 InvscNatAMTFrMuni PZA 2.7 23.68 –0.02 .0585 iShMSCISpain EWP 2.6 28.35 –0.22 .3707 SPDRNuveenMuniBd TFI 2.0 46.60 +0.18 .0887
Bats iShJPMUSDEmBd EMB 4.9 85.39 –0.76 .35 DirexHiBetaBear3X HIBS 1.2 5.80 +0.30 .0646 InvscPreferred PGX 7.4 11.01 –0.64 .0626 iShMSCISwitz EWL 1.8 48.71 +0.62 .8573 SPDRNuveenSTMuni SHM .8 47.25 +0.03 .0409
ARKGenomicRev ARKG ... 29.71 +0.75 ... iShMBS MBB 2.6 94.82 –0.06 .2598 DirexS&POil&GasBr2 DRIP 1.7 16.05 +1.51 .2701 InvscS&P500EW RSP 1.8 143.03 –2.11 .6914 iShMSCITaiwan EWT 5.3 44.40 +0.48 7.5576 SPDRPtfAggBd SPAB 2.8 25.77 –0.09 .0679
BlkRkShMaturityBd NEAR 2.5 49.60 –0.11 .1836 iShMSCIACWI ACWI 1.6 92.31 –0.28 .6764 DirexS&POilBl2 GUSH 1.7 107.54 –13.24 1.1265 InvscS&P500GARP SPGP 1.2 85.02 –1.04 .2556 iShMSCIUK EWU 3.1 33.88 –0.05 .4704 SPDRPtfDevxUS SPDW 2.8 33.06 +0.13 .3421
BlkRkUltShBd ICSH 2.6 50.20 –0.13 .1764 iShMSCIACWIxUS ACWX 2.4 49.93 +0.25 .3824 DirexSemiBr3x SOXS 1.3 19.98 –0.44 .1879 InvscS&P500HiBeta SPHB .6 66.11 –1.12 .1243 iShNatlMuniBd MUB 2.3 107.46 +0.17 .2336 SPDRPtfEM SPEM 3.2 34.29 +0.17 .6539
DimenIntlCore2 DFIC 1.5 24.66 +0.02 .0493 iShMSCIACxJpn AAXJ 1.5 67.07 +0.36 .7872 DirexSemiBl3 SOXL .8 14.47 +0.24 .025 InvscS&P500HiDiv SPHD 4.2 41.41 –0.79 .1479 iShRuss2000Val IWN 2.4 132.11 –1.45 .6956 SPDR PtfHYBd SPHY 6.8 22.71 –0.23 .1384
FTCboeVestBf BUFR ... 23.62 –0.09 ... iShMSCIChina MCHI 1.8 47.88 +0.16 .7115 DirexScBear3 TZA 1.4 33.22 +0.29 .4602 InvscS&P500LowVol SPLV 2.2 63.71 –0.23 .1187 iShRussMC IWR 1.6 68.70 –0.82 .2564 SPDRPtfIntermCpBd SPIB 3.1 32.45 –0.16 .0996
GlbXUSInfrDevt PAVE .8 27.97 +0.38 .1407 iShMSCIEAFESC SCZ 1.8 61.17 +0.33 1.125 DirexSCBull3 TNA .5 29.47 –0.53 .0375 InvscS&P500PrVal RPV 2.8 73.32 –2.71 .5006 iShRussMCGrowth IWP .8 89.06 –0.68 .1413 SPDR PtfIntTrea SPTI 1.9 29.12 +0.04 .0673
GS PhysGold AAAU ... 20.01 +0.28 ... iShMSCIEMxChina EMXC 2.7 50.32 +0.42 .8458 DirexTechBear3 TECS 1.3 21.42 –0.20 .2707 InvscS&P500Qual SPHQ 1.8 47.64 –0.47 .2001 iShRussMCValue IWS 2.0 104.69 –1.54 .4909 SPDRPtfLTCorpBd SPLB 4.5 23.23 –0.49 .0907
InnovS&P500PwrJun PJUN ... 30.66 –0.17 ... iShMSCIEurFinls EUFN 3.8 19.68 –0.09 .072 DirexTechBull3 TECL .3 36.62 +0.13 .0768 InvscSrLoan BKLN 6.3 20.83 –0.05 .1439 iShRuss1000 IWB 1.5 226.29 –1.70 .8256 SPDRPtfLgTermTrea SPTL 2.8 30.55 –0.39 .0754
InnovS&P500PwrMay PMAY ... 28.61 –0.09 ... iShMSCITurkey TUR 2.5 29.52 –1.45 .1764 Direx20+TreaBr3 TMV 1.1 109.88 +3.42 1.1932 InvscSolar TAN ... 70.21 –1.78 ... iShRuss1000Grw IWF .8 247.13 +0.30 .518 SPDRPtfMtgBkdBd SPMB 3.0 22.18 –0.06 .0592
InvscRuss1000Dyn OMFL 1.6 47.39 –0.45 .2122 iSh1-5YIGCorpBd IGSB 2.4 50.58 –0.13 .1321 Direx20+YrTrBull TMF 1.7 8.49 –0.36 .0346 InvscUltShDur GSY 2.8 49.75 +0.08 .1834 iShRuss1000Val IWD 2.2 151.93 –2.70 .7632 SPDRS&P500Value SPYV 2.1 40.82 –0.61 .1768
iPathS&P500VIX VXX ... 38.75 +0.89 ... iSh1-3YTreaBd SHY 1.8 82.21 +0.03 .1912 ETFMGAltHarvest MJ 5.0 3.55 +0.23 .0656 InvscVarRtPfd VRP 5.9 21.53 –0.74 .1136 iShRussell2000 IWM 1.6 174.45 –0.75 .6307 SPDRPtfS&P1500 SPTM 1.6 50.74 –0.40 .1892
iShBrdUSDHYCpBd USHY 6.3 35.09 –0.35 .1928 iShPfd&Incm PFF 6.8 29.76 –1.61 .1706 ETFMGPrmJrSilv SILJ .1 11.27 +0.42 .0057 iShChinaLC FXI 2.6 28.67 +0.34 .5931 iShRuss2000Gw IWO .8 224.77 +0.57 .4588 SPDRPtfS&P500 SPLG 1.6 48.51 –0.39 .1828
iShConvBond ICVT 2.0 71.38 +0.01 .0613 iShSelectDiv DVY 3.7 113.96 –3.63 1.0052 EnSelSectorSPDR XLE 4.1 80.23 –4.90 .7953 iShCoreDivGrowth DGRO 2.4 50.22 –0.67 .298 iShS&PMC400Growth IJK 1.1 70.64 –0.50 .1949 SPDRS&P500Growth SPYG 1.0 56.03 –0.12 .179
iShCoreMSCIEAFE IEFA 2.4 69.05 +0.28 .3346 iShSemiconductor SOXX 1.1 414.90 +2.76 1.0724 FidelityCommSvs FCOM .9 36.40 –0.99 .08 iShCoreHiDiv HDV 4.0 100.38 –2.38 1.0421 iShS&P500Grw IVW .9 64.68 –0.16 .1881 SPDRS&P500HiDiv SPYD 4.6 37.04 –1.13 .3874
iShCurrMSCIEAFE HEFA 3.0 30.21 –0.04 .1133 iSh7-10YTreaBd IEF 2.2 99.69 –0.04 .2386 FidelityMSCIEn FENY 3.8 21.69 –1.27 .207 iShCoreMSCIEM IEMG 2.6 48.91 +0.33 .6589 iShS&P500Value IVE 2.0 152.13 –2.26 .6948 SPDRPtfS&P400MC SPMD 1.7 43.12 –0.49 .1607
iShIntlSelDiv IDV 6.5 28.16 +0.06 .2135 iShShortTreaBd SHV 2.3 110.14 –0.31 .3975 FidelityMSCIIT FTEC .8 114.13 +0.51 .232 iShCoreMSCIEur IEUR 2.7 54.60 +0.04 .3399 iShS&PGSCIComm GSG ... 19.26 –0.65 ... SPDRPtfS&P600SC SPSM 1.6 36.46 –0.27 .1342
iShUSAero&Def ITA 1.1 111.76 –2.20 .2796 iSh3-7YTreaBd IEI 1.6 118.50 +0.32 .2015 FidelityRealEst FREL 3.9 24.88 –0.12 .328 iShMSCIIntlDev IDEV 2.4 62.40 +0.24 .3329 iShS&PMC400Value IJJ 2.0 100.13 –1.62 .4541 SPDRPtfSTCpBd SPSB 2.7 29.60 –0.07 .0906
iShUSHomeConstrn ITB .7 75.51 –0.28 .1401 iSh20+YTreaBd TLT 2.7 104.89 –1.57 .268 FidelityTotalBd FBND 3.6 46.05 –0.10 .155 iShCoreS&P500 IVV 1.6 414.30 –3.36 1.6479 iShS&PSC600Value IJS 1.5 89.86 –1.49 .3297 SPDRShtTermTrea SPTS 2.1 29.21 ... .082
iShEdgeMSCIMinEAFE EFAV 2.3 70.83 +0.47 .4969 iSh0-5YIGCpBd SLQD 2.3 48.50 –0.10 .1169 FinSelSectorSPDR XLF ... 32.33 –0.84 ... iShCoreS&P MC IJH 1.6 245.31 –2.89 .9467 iShShtNatlMuniBd SUB 1.1 104.23 –0.11 .1435 SPDR PtfTIPS SPIP 6.0 26.37 –0.08 .1446
iShEdgeMSCIMinVlEM EEMV 1.8 56.27 +0.55 .7556 JPMNasdEqPrem JEPQ 11.4 45.44 –0.33 .4841 FT DJ Internet FDN ... 139.97 –2.33 ... iShCoreS&P SC IJR 1.6 93.34 –0.66 .3293 iShSilver SLV ... 23.57 +0.57 ... SPDRS&PBank KBE 3.8 33.65 –2.98 .2655
iShEdgeMSCIMinUSA USMV 1.7 73.59 –0.23 .3205 ProShUltPrQQQ TQQQ .9 28.21 –0.04 .1498 FT EnergyAlpDx FXN 3.9 14.74 –0.81 .2393 iShCoreS&PTotUS ITOT 1.6 90.80 –0.67 .3516 iShTIPSBondETF TIP 5.5 109.78 –0.40 .5691 SPDR S&P 500 SPY 1.6 412.63 –3.30 1.5062
iShEdgeMSCIUSAMom MTUM 2.2 140.53 –1.84 .8036 ProShUltShQQQ SQQQ 1.2 28.84 –0.12 .2045 FT FinlsAlpDx FXO 3.0 35.15 –2.48 .2096 iShCoreUSAggBd AGG 2.6 99.65 –0.31 .2493 iSh10-20YTreasBd TLH 3.0 113.51 –1.12 .3348 SPDRS&P500Fossil SPYX 1.3 33.55 –0.23 .1067
iShEdgeMSCIUSAQual QUAL 1.4 124.54 –1.65 .3652 USTrea3mBill TBIL 2.6 49.91 –0.16 .1982 FTInstPfdSecs FPEI 5.8 16.48 –0.40 .0806 iSh US Finls IYF 2.0 70.69 –2.48 .3378 iSh10+YIGCpBd IGLB 4.4 51.62 –0.97 .1957 SPDRS&PGlbNatRes GNR 4.5 56.00 –0.97 1.3287
iShEdgeMSCIUSAVal VLUE 3.3 89.86 –1.72 .7868 ValkyrieBitcoin BTF ... 11.53 +0.11 ... FT LtdDurIG FSIG 3.3 18.88 +0.03 .07 iShUSMedDevices IHI .4 56.15 –0.62 .0208 iShTreaFRBd TFLO 2.7 50.48 –0.15 .2011 SPDR S&P Home XHB .9 70.77 –0.15 .1811
iShExpTechSftwr IGV .0 293.21 –3.29 .0234 VanEckGlFallAnglHY ANGL 4.9 27.43 –0.32 .1103 FT MngstrDiv FDL 3.9 34.54 –1.32 .3097 iShGlobalEnergy IXC 4.9 37.55 –1.77 1.0962 iShUS Energy IYE 3.8 42.08 –2.49 .3784 SPDRS&PInsurance KIE 1.9 39.96 –0.48 .1296
iShFRBd FLOT 3.2 50.46 –0.16 .2304 VanEckSemicon SMH ... 124.38 +0.75 ... FT NA Energy Infra EMLP 3.5 26.85 –0.28 .2688 iShGlobalREIT REET 2.4 23.31 +0.02 .1522 iShUSOilEquip IEZ 1.0 18.26 –0.96 .0653 SPDR S&P Metals XME 1.9 48.47 –0.93 .1691
iShIntlAggBd IAGG 2.2 49.14 ... 1.0817 VangdEM GovBd VWOB 5.4 61.63 –0.54 .2895 FT PfdSecs FPE 6.4 15.65 –0.34 .0687 iShGoldTr IAU ... 38.24 +0.53 ... iShUSRealEst IYR 2.9 85.14 –0.54 .4507 SPDRS&PRegionalBkg KRE 3.9 38.35 –4.31 .3634
iShMSCIChileCap ECH 6.2 29.17 +0.76 .6886 VangdIntrCorpBd VCIT 3.2 79.91 –0.64 .2334 FT TCWUnPlBd UCON 4.0 24.56 –0.01 .085 iShGoldTrMicro IAUM ... 20.16 +0.29 ... iShUSRegBks IAT 4.5 31.58 –3.65 .199 SPDRS&P600SCV SLYV 1.8 73.15 –1.18 .2959
iShMSCIEurozone EZU 2.4 46.50 –0.02 .1749 VangdIntermTrea VGIT 2.1 60.36 +0.09 .1224 FT ValLineDiv FVD 2.1 40.58 –0.01 .2076 iShiBdsDec25Cp IBDQ 2.5 24.57 –0.02 .0655 iShUSTech IYW .5 93.11 +0.07 .101 SchwabEM Equity SCHE 2.8 24.49 +0.15 .6052
iShMSCIGlbMet&MnPr PICK 6.9 41.15 –0.10 1.0654 VangdIntlHiDiv VYMI 4.4 64.30 +0.17 .3137 FlexGlbUpstmNatRsc GUNR 3.8 41.89 –0.84 .1653 iShiBdsDec24Cp IBDP 2.3 24.62 –0.03 .0604 iSh0-5YHYCorpBd SHYG 6.0 41.23 –0.32 .216 SchwabFundEmgLrg FNDE 5.2 26.71 +0.32 1.1233
iShMSCIEAFEGrowth EFG 1.1 96.43 +0.65 .1798 VangdLTCorpBd VCLT 4.5 78.38 –1.59 .2994 FlexiBx3YDurTIPS TDTT 5.8 24.02 –0.09 .1441 iShiBdsDec27Cp IBDS 3.1 23.81 –0.06 .0754 iSh0-5YTIPSBd STIP 5.0 98.89 –0.27 .516 SchwabFundIntLrgCo FNDF 2.8 32.25 +0.06 .6188
iShMSCIIndia INDA ... 41.40 +0.28 ... VangdLongTrea VGLT 2.9 64.85 –0.83 .1623 GlbXCopperMiners COPX 2.8 40.09 +0.60 .3955 iShiBdsDec26Cp IBDR 2.6 23.75 –0.04 .0646 iSh0-3MTreaBd SGOV 2.5 100.26 –0.30 .3921 SchwabFundUSLrgCo FNDX 2.1 54.85 –0.85 .2587
iShMSCIEAFEValue EFV 3.8 50.21 –0.01 .5357 VangdMBS VMBS 2.7 46.62 –0.05 .1216 GlbXLithium LIT 1.0 60.71 +0.48 .5166 iShiBdsDec23Cp IBDO 2.2 25.18 –0.04 .0725 JPM AlerianMLP AMJ 6.6 22.08 –0.46 .3967 SchwabIntmUSTrsr SCHR 2.4 50.72 +0.08 .1125
iShMtgRealEst REM 12.0 21.05 –1.11 .1483 VangdRuss1000Grw VONG .9 63.54 +0.03 .1284 GlbXRuss2000Cvr RYLD 13.0 17.92 –0.05 .182 iShiBoxx$HYCpBd HYG 5.5 74.76 –0.60 .3258 JanusHendersonAAA JAAA 3.9 49.56 –0.20 .2513 SchwabIntEquity SCHF 2.5 35.94 +0.18 .6274
iShUSTelecom IYZ 2.7 21.66 –0.88 .1643 VangdRuss2000 VTWO 1.6 70.48 –0.30 .2177 GlbXS&P500Cv XYLD 12.1 40.53 +0.02 .376 iShiBoxx$InvGrCpBd LQD 3.5 108.54 –1.39 .3715 HancockMC JHMM 1.1 46.95 –0.60 .3392 SchwabIntlSC SCHC 1.6 34.46 +0.27 .5605
iShUSTreasuryBd GOVT 2.0 23.42 –0.02 .0489 VangdSTCpBd VCSH 2.4 76.29 –0.15 .1826 GlbXSilverMiners SIL .4 30.96 +1.08 .0632 iShLatinAmer40 ILF 11.7 24.88 +0.29 1.8137 JPMEquityPrem JEPI 11.4 54.72 –0.68 .4246 SchwabSrtTRmUSTrsr SCHO 2.0 48.76 ... .1328
.1227 SchwabUS AggrBd SCHZ 2.7 46.89 –0.17 .1118
JPMUltShMuni JMST 1.7 50.63 –0.10 VangdShtTmInfltn VTIP 5.7 47.95 +0.11 .0287 GlbX SuperDiv SDIV 14.6 22.17 –0.55 .215 iShMSCIAustralia EWA 5.0 23.30 +0.16 .4302 JPM UltShIncm JPST 2.2 50.25 –0.10 .1866
.1442 SchwabUS BrdMkt SCHB 1.6 48.01 –0.35 .1776
-1xShVIXFutures SVIX ... 18.53 –0.72 ... VangdShortTrea VGSH 1.9 58.53 ... GlbXSuperDivUS DIV 7.5 16.66 –0.69 .098 iShMSCIBrazil EWZ 12.2 28.76 +0.49 2.0217 KraneCSIChInt KWEB ... 27.67 –0.29 ...
SchwabUS Div SCHD 3.7 70.99 –1.58 .5965
PacerGlCashCows GCOW 3.7 34.17 –0.12 .1566 VangdTotalBd BND 2.7 73.80 –0.28 .1797 GlbX US Pfd PFFD 6.8 18.82 –1.11 .105 iShMSCICda EWC 2.2 35.45 +0.25 .4915 MatlsSelSector XLB 2.2 79.66 –0.89 .3273
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

SchwabUS LC SCHX 1.6 48.62 –0.37 .1798


PacerUSCashCows100 COWZ 2.1 45.74 –1.01 .2108 VangdTotIntlBd BNDX 1.7 48.85 –0.10 .0698 GlbX Uranium URA .8 20.13 +0.13 .0492 iShMSCI EAFE EFA 2.4 73.88 +0.26 .2684 MicroFANG-3XInvr FNGD ... 18.49 –0.43 ...
SchwabUS LC Grw SCHG .5 66.19 +0.12 .0845
PacerUSSCCash100 CALF 1.2 36.96 –0.06 .1269 VangdTotIntlStk VXUS 2.9 56.52 +0.27 .1205 GSTreasury0-1Y GBIL 2.4 99.80 –0.31 .3775 iSh MSCI EM EEM 2.4 39.39 +0.26 .5843 MicroFang+3x FNGU ... 99.23 +1.63 ...
SchwabUS LC Val SCHV 2.5 65.33 –1.03 .3887
ProShS&P500Arist NOBL 1.9 92.47 –0.70 .3539 WisdTrUSQltyDiv DGRW 2.0 63.12 –0.37 .04 GSActiveBetaIntlEq GSIE 2.9 31.82 +0.08 .2002 iShMSCIFrance EWQ 2.7 39.40 –0.17 .1231 MicroGold3XInvr GDXD ... 3.84 –0.70 ...
SchwabUS MC SCHM 1.7 66.70 –0.71 .2348
ProShShtVIXST SVXY ... 68.15 –1.15 ... GraniteGold BAR ... 19.98 +0.29 ... iShMSCIFrontier FM 2.7 25.45 +0.10 .0796 MicroGold3xLvgd GDXU ... 64.25 +8.64 ...
NYSE ARCA SchwabUS REIT SCHH 3.0 19.47 –0.07 .1198
ProShUltVIXST UVXY ... 3.67 +0.11 ... HealthCareSelSect XLV 1.5 133.59 +0.06 .4891 iShMSCIGermany EWG 2.7 29.50 +0.09 .0086 MicroUSBigBk3X BNKD ... 14.76 +2.27 ...
SchwabUS SC SCHA 1.5 40.86 –0.32 .136
ProShVIXSTFut VIXY ... 7.80 +0.22 ... AGF USMktNeut BTAL 1.0 20.92 –0.03 .2132 iMGPDBiMgdFut DBMF 4.0 26.58 +0.02 2.2474 iShMSCIHongKong EWH 3.0 20.62 –0.21 .2806 MicroUSBigBk3X BNKU ... 13.50 –3.10 ...
Schwab US TIPs SCHP 6.2 53.50 –0.04 .1712
2xLongVIXFut UVIX ... 11.43 +0.38 ... ARK Innovation ARKK ... 37.39 +1.47 ... IndSelSectorSPDR XLI 1.7 99.51 –0.49 .3949 iShMSCIIndonesia EIDO 2.3 24.29 –0.46 .2318 PGIMUltraShBd PULS 3.3 49.17 –0.22 .2197
SimplifyVolPrem SVOL 17.8 21.78 +0.07 .32
VanEckHYMuni HYD 3.9 51.56 ... .1642 abrdnBbgAllCmdK1 BCI 21.7 20.33 –0.28 4.4075 InvscDBComm DBC .6 23.14 –0.42 .1447 iShMSCIIntlQual IQLT 2.8 36.27 ... .3035 Pimco25+YrZC ZROZ 2.8 92.46 –2.65 .73
SPDR MSCI exUS CWI 2.9 26.31 +0.10 .35
VanEckIntermMuni ITM 2.1 46.38 +0.09 .0865 abrdnPhysGold SGOL ... 19.32 +0.27 ... InvscDBAgriFd DBA .5 21.03 +0.08 .0964 iShMSCIItaly EWI 3.9 32.00 +0.34 .4159 PimcoEnhShMat MINT 2.8 99.16 –0.24 .36
SPDR S&PMdCpTr MDY 1.4 449.50 –5.25 1.1925
VanEckMstrWdMoat MOAT 1.1 73.43 –1.17 .8119 abrdnPhysSilver SIVR ... 24.63 +0.61 ... InvscDBOilFund DBO .7 13.83 –0.92 .1002 iShMSCIJapan EWJ 1.1 59.53 +0.69 .1243 PacerLuntLCAlt ALTL 1.3 36.15 –0.30 .0797
SPDR S&P Biotch XBI ... 85.38 +5.18 ...
VanEckVietnam VNM .9 12.00 –0.15 .0034 ActivePassiveCore APCB ... 29.97 ... ... InvscDBUSDBull UUP .9 27.66 –0.09 .2466 iShMSCIMexico EWW 2.6 61.25 +0.37 1.0445 ProShBitcoin BITO 6.6 17.19 –0.22 .4174
SPDR S&P Div SDY 2.5 123.61 –1.36 .7132
ActivePassiveIntEq APIE ... 25.16 ... ... ProShShBitcoin BITI .5 19.79 –0.29 .0288
NASDAQ SPDRS&POil&Gas XOP 3.2 120.33 –6.78 .9541
ActivePassiveUSEq APUE ... 24.94 ... ... ProShShtDow30 DOG 1.0 33.11 +0.45 .1977
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

SPDR S&P Retail XRT 2.3 61.17 –0.26 .2052


AXS1.25XNVDABrDly NVDS 1.8 15.33 –0.72 2.2591 AdvShPureUSCan MSOS ... 6.18 +0.65 ... ProShShtFinls SEF .4 13.36 +0.37 .0633
TechSelectSector XLK .9 151.24 +0.41 .3155
AXSShInnovDly SARK .0 42.88 –1.91 13.748 AlerianMLPETF AMLP 7.8 38.36 –0.89 .77 ProShShortHY SJB 1.0 18.50 +0.10 .1009

Selected ETF Leaders


TeucriumWheatFd WEAT ... 6.61 +0.23 ...
AXSTSLABrDly TSLQ .9 50.81 –1.87 2.0285 AllianzUSLCBf20M MAYW ... 24.97 ... ... ProShShortQQQ PSQ .4 12.17 ... .0918
USGlobalJets JETS ... 17.95 –0.12 ...
DirexAAPLBear1X AAPD 1.5 22.50 –0.55 .1827 AmpCWPEnhDiv DIVO 4.7 35.66 –0.44 .145 ProShShRuss2000 RWM .4 24.62 +0.10 .1466
UtilitiesSelSector XLU 3.0 69.03 +0.05 .4897
DirexTSLABr1x TSLS 1.1 31.16 –1.18 .2548 ArkFinInnov ARKF ... 18.52 +0.89 ... ProShShrtS&P500 SH 1.2 14.97 +0.14 .122 VanEckBDCIncm BIZD 11.7 14.26 –0.30 .435
DirexTSLABl1.5x TSLL 1.1 9.33 +0.44 .0423 AvantisIntlSCValue AVDV 2.9 59.79 +0.10 .7604 ProShSh20+Tr TBF 1.3 21.38 +0.25 .205 VanEckGoldMin GDX 1.3 35.40 +1.82 .4762
EABridgewayOmniSC BSVO ... 16.37 –0.65 ... AvantisUSEquity AVUS 1.6 70.34 –0.85 .2642
SPDR Gold Shares ProShUltBlmCrude UCO ... 23.50 –3.41 ...
1.44% VanEck IG FR FLTR 3.5 25.01 –0.08 .1203
FT CapStrength FTCS 1.4 73.44 –0.09 .2921 AvantisUSSCValue AVUV 1.9 71.49 –1.43 .3183 (GLD) ProshUltBlmNatGas BOIL ... 2.69 –0.69 ... VanEckJPMEMLCBd EMLC 5.6 25.35 +0.21 .1231
FT DorseyFoc5 FV 1.6 44.21 –0.07 .1428 BondBbg1yUS XONE 4.2 49.86 –0.09 .1817 ProShUltDow30 DDM .6 64.93 –1.78 .2345 VanEckJrGoldMin GDXJ .4 41.81 +2.06 .1825
FT EnhShtMat FTSM 2.9 59.59 +0.07 .214 BondBbg6mUS XHLF 3.6 50.17 –0.10 .1449 Vanguard FTSE ProShUltraQQQ QLD .2 49.75 +0.01 .1092 VanEckMerkGoldTr OUNZ ... 19.56 +0.28 ...
FT GlTactCommod FTGC 11.8 22.93 –0.18 .1604 CapitalGrpDivVal CGDV 1.5 25.37 –0.29 .0913 0.52 ProShUltRus2000 UWM .4 30.19 –0.30 .1259 VanEckOilSvcs OIH 1.1 261.58 –12.55 2.8887
FT LowDurOpp LMBS 2.7 48.13 +0.17 .135 CapGrpGlbGrw CGGO .5 23.44 –0.16 .081 Emerging Markets ProShUltraS&P SSO .4 50.60 –0.89 .1815 VanEckPfdxFin PFXF 6.6 17.14 –0.37 .0547
FT NasdCybersec CIBR .2 39.61 –0.14 .0954 CapitalGrpGrw CGGR .3 22.60 –0.06 .0469 (VWO) ProShUltSilver AGQ ... 35.16 +1.65 ... VangdInfoTech VGT .8 386.18 +1.82 .7716
FT Nasd100 EW QQEW .6 98.29 –0.35 .1824 CapGrpIntlFocus CGXU .8 23.48 +0.25 .1215 Vanguard FTSE ProShUlt20YrTr UBT .8 26.33 –0.74 .1375 VangdSC Val VBR 2.3 154.37 –2.87 .8916
FTRisingDivAch RDVY 2.3 43.95 –1.53 .2114 CommSvsSPDR XLC .9 58.33 –1.57 .15 0.50 ProShUltDow30 UDOW 1.1 56.86 –2.40 .1987
Developed Markets VangdDivApp VIG 1.9 156.29 –1.28 .7489
FT SMID CapRising SDVY 2.5 25.70 –0.58 .1322 CnsmrDiscSelSector XLY 1.0 147.19 –0.67 .4302 ProShUltRus2000 URTY .3 34.70 –0.57 .0453 VangdEnergy VDE 4.2 110.44 –6.50 1.0099
FT SrLoanFd FTSL 6.0 45.05 –0.02 .285 CnsStapleSelSector XLP 2.4 77.18 –0.26 .3447 (VEA) ProShUltS&P500 UPRO .6 38.82 –1.14 .0826 VangdExtDuratn EDV 3.1 88.22 –1.79 .6743
FT TCW Opp FIXD 3.6 45.23 +0.01 .125 DimenCoreFxIncm DFCF 3.2 42.63 +0.01 .1135 iShares Core MSCI ProShUltShDow30 SDOW .4 25.55 +0.93 .2198 VangdFTSEAWxUS VEU 2.9 54.74 +0.26 .115
0.41
GlbX Cybersec BUG ... 21.68 +0.34 ... DimenEmgCore DFAE 2.6 23.09 +0.16 .0307 EAFE (IEFA) ProShShtRus2000 SRTY .7 51.31 +0.43 .2751 VangdFTSEDevMk VEA 2.8 46.59 +0.23 .1597
GlbXNasd100Cv QYLD 11.8 17.40 +0.11 .173 DimenEMCore2 DFEM 2.0 23.71 +0.14 .0269 ProShUltSh&P500 SPXU 1.4 13.26 +0.29 .1149 VangdFTSE EM VWO 3.7 40.45 +0.21 .0281
GlbX Robotics&AI BOTZ .2 25.30 +0.39 .0466 DimenIntlCore DFAI 2.5 27.76 +0.08 .0902 ProShUltBloomCrd SCO ... 27.21 +2.99 ... VangdFTSE Europe VGK 3.0 63.56 +0.09 .2125
InvscActMgdETC PDBC 13.9 13.87 –0.28 1.9283 DimenIntlValue DFIV 3.7 33.27 –0.05 .1413 Invesco QQQ Trust ProShUltShBlmGas KOLD ... 86.02 +16.65 ...
0.10 VangdFinls VFH 2.5 76.70 –2.88 .4353
InvscBS25CpBd BSCP 2.6 20.33 +0.02 .0576 DimenShDurFix DFSD 2.3 46.79 +0.08 .0908 (QQQ) ProShUltDow30 DXD .3 42.06 +1.07 .247 VangdGrowth VUG .6 252.09 +0.06 .4292
InvscBS24CpBd BSCO 2.5 20.62 +0.01 .0497 DimenUSCore DFAU 1.4 28.80 –0.22 .088 ProShUltShEner DUG 1.2 13.73 +1.45 .1265 VangdHiDiv VYM 3.2 104.54 –2.30 .7172
InvscBS24HYCpBd BSJO 5.4 22.32 –0.06 .1149 DimenUSCoreEq2 DFAC 1.4 25.36 –0.28 .0594 ProShUltShQQQ QID .2 17.43 –0.02 .0826 VangdIntermBd BIV 2.5 76.99 –0.15 .183
Vanguard Total Bond ProShUltShRus2000 TWM .6 16.26 +0.12 .0714
InvscBS27CpBd BSCR 3.0 19.38 +0.02 .0585 DimenUSHiProf DUHP 1.3 24.97 –0.20 .0776 -0.38 VangdLongTermBd BLV 3.9 75.61 –1.28 .2453
InvscBS26CpBd BSCQ 2.9 19.21 +0.01 .0539 DimenUSMktVal DFUV 1.8 33.00 –0.72 .1477 Market (BND) ProShUltShS&P500 SDS 1.1 39.63 +0.64 .2738 VangdMC VO 1.6 206.89 –2.40 .7602
InvscBS23CpBd BSCN 1.9 21.13 +0.02 .052 DimenUSSCETF DFAS 1.1 50.98 –0.67 .103 ProShUltShSilver ZSL ... 16.25 –0.83 ... VangdMC Val VOE 2.3 133.11 –1.88 .6938
InvscHYEquDivAch PEY 4.5 19.33 –0.65 .07 DimenUSSCValue DFSV 1.2 23.83 –0.66 .0581 iShares Core S&P ProShUltraSh20+ TBT 1.6 28.49 +0.64 .3273 VangdRealEst VNQ 4.1 82.99 –0.31 .77
InvscKBWBank KBWB 4.1 38.69 –3.03 .3338 DimenUSTargVal DFAT 1.5 42.67 –0.88 .1273 -0.70 QuadraticDeflation BNDD 41.1 15.55 –0.22 .0477 VangdS&P500ETF VOO 1.6 378.97 –3.08 1.4874
InvscNasd100 QQQM .7 132.83 +0.15 .2543 DimenWorldexUS DFAX 3.1 23.55 +0.09 .0419
Small Cap (IJR) QuadIntRtVol IVOL 3.6 23.74 +0.78 .0713 VangdST Bond BSV 1.7 76.71 +0.07 .1384
InvscQQQI QQQ .7 322.89 +0.33 .4722 DirexDJBull3X WEBL ... 7.48 –0.42 ... RealEstSectorSPDR XLRE 3.6 37.44 –0.31 .2559 VangdSC VB 1.6 185.40 –1.91 .7461
InvscS&PSCEner PSCE 2.6 8.78 –0.32 .0683 DirexEnergyBr2 ERY 1.4 32.29 +3.37 .3611 Vanguard Total Stock SPDRBlackSrLoan SRLN 6.6 41.17 –0.35 .28 VangdTaxExemptBd VTEB 2.4 50.46 +0.06 .1154
iShBiotech IBB .3 131.92 +1.41 .0646 DirexEnergyBl2 ERX 3.0 53.96 –7.07 .4999 -0.78 SPDRBBCpBd SPBO 4.0 29.07 –0.29 .112
Market (VTI) VangdTotalStk VTI 1.6 204.69 –1.61 .7862
iShBrdUSDInvCpBd USIG 3.3 50.42 –0.47 .1667 DirexChinaBr3 YANG 1.6 10.05 –0.45 .1584 SPDRBlmCvSecs CWB 2.2 66.07 +0.04 .0482 VangdTotWrldStk VT 2.1 93.16 –0.24 .2852
iShCoreMSCITotInt IXUS 2.3 63.48 +0.34 .49 DirexChinaBl3 YINN 1.7 42.17 +1.38 .1794 SPDRBlmEMLocBd EBND 5.2 21.23 +0.10 .0797 VangdValue VTV 2.6 138.40 –2.16 .8218
iShCore1-5YUSDBd ISTB 2.2 47.26 +0.02 .1087 DirexFinlBear3 FAZ 1.2 21.68 +1.54 .2688 SPDR S&P 500 ETF SPDR Blm HY Bd JNK 6.3 91.65 –0.84 .5005 WT Bbg USD Bull USDU 1.1 25.96 –0.15 .2754
-0.79
iShCoreS&PUSGrw IUSG 1.0 89.81 –0.18 .2708 DirexFinlBull3 FAS 1.5 57.37 –5.16 .1663 Trust (SPY) SPDRBlmInCpBd IBND 1.0 28.81 –0.16 .0442 WisdTrEMxSOE XSOE 2.2 27.54 +0.12 .225
iShCoreS&PUSValue IUSV 2.1 73.82 –1.09 .3494 DirexGoldMinBr2 DUST 1.8 8.93 –1.02 .1571 SPDRBlmInvGrdFR FLRN 3.6 30.49 –0.08 .1352 WisdTrFRTrea USFR 3.2 50.38 +0.06 .205
iShCoreTotalUSDBd IUSB 2.7 46.08 –0.17 .1287 DirexGoldMinBl2 NUGT .5 49.33 +4.61 .0532 SPDRBB1-10YTIPS TIPX 5.4 18.86 –0.06 .0993 WisdTrIndiaEarn EPI 5.6 33.23 +0.18 .0002
iShESGAwareMSCI ESGD 2.3 74.16 +0.37 .3084 DirexJrGoldMinBr2 JDST ... 5.23 –0.59 ...
Vanguard Dividend SPDRBbg1-3MTB BIL 2.8 91.47 –0.31 .3532 WT IntlHdgQual IHDG 3.3 40.55 +0.12 .165
-0.81
iShESGAwareEM ESGE 2.6 31.31 +0.20 .5311 DirexJrGoldMnBl2 JNUG .4 46.74 +4.52 .1683 Appreciation (VIG) SPDRBlmSTHYBd SJNK 6.5 24.52 –0.22 .1442 WT JapanHdg DXJ 3.5 73.29 +0.05 .625
iShESGAwareUSA ESGU 1.6 90.80 –0.73 .4696 DirexRealEstBr3 DRV 1.3 48.07 +1.04 .4297 SPDR 3-12MT-Bill BILS 3.2 99.21 –0.30 .3797 XtrksHarvCSI300 ASHR 1.1 29.12 –0.07 .3162
iShFallAngelsUSDBd FALN 5.2 24.89 –0.28 .1139 DirexRealEstBl3 DRN 2.6 9.44 –0.27 .094 Source: Barron’s Statistics SPDRDoubleTRTact TOTL 4.8 41.01 –0.10 .1593 XtrksMSCIEAFE DBEF 1.8 36.07 –0.02 .1397
iSh5-10YIGCorpBd IGIB 3.2 51.13 –0.37 .1598 DirexRegBksBl3x DPST 6.0 4.80 –2.08 .0364 SPDR DJIA Tr DIA 1.9 336.73 –4.30 .1843 XtrksUSDHYCpBd HYLB 5.6 34.35 –0.26 .1609
iShGlbCleanEner ICLN 1.0 18.63 –0.08 .0364 DirexRetailBull3 RETL 1.2 6.44 –0.14 .026 SPDREuroStx50 FEZ 2.6 46.40 +0.08 .1338 YieldMaxTSLAOpt TSLY 65.2 13.38 +0.01 .4402
May 8, 2023 BARRON’S 47

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA


About Our Funds
The listings include the top 1250 NOTICE TO READERS: Closed End Fund listings have moved to

Cash Track
open-end funds by assets. These
funds value their portfolios daily barrons.com/cefund. They will no longer appear in print. The
and report net asset values (the
dollar amount of their holdings Herzfeld chart has moved to the Market Lab Newsletter. To sign
divided by the number of shares
outstanding) to the National up for the newsletter, go to barrons.com/newletters. Money Moves: Cash inflows to money-market funds eased again, to average $12.7 billion a week, in the
Association of Securities Dealers.
Total returns reflect both price last month. Some cash may have gone instead to equity funds, where the average weekly outflow narrowed
changes and dividends; these Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. to $3.3 billion. Taxable-bond fund flows went from negative to a positive $1.2 billion weekly average, while
figures assume that all distribu- NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
tions are reinvested in the fund. LtdTEBdA 15.22 0.04 1.7 1.2 CoreBond 9.05 -0.01 3.5 -6.7 GblAll60 40Inst 19.39 -0.06 4.7 29.9
muni-bond fund outflows stayed roughly even, at $1 billion.
Because Lipper is constantly up-
dating its database, these returns N PerA 52.61 -0.10 11.2 43.1 CorePlusBond 8.93 0.00 3.7 -3.5 GlEqInst 27.87 -0.17 6.1 55.3
may differ from those previously NEcoA 47.81 -0.26 9.9 24.3 Intl Eq 12.00 0.02 11.9 40.7 GlRESec 9.93 0.00 2.3 23.6 Equity Funds Municipal Bond Funds
published or calculated by others. NwWrldA 71.80 0.09 8.0 30.8 LargeCapGrowth 18.96 -0.08 10.9 38.6 InfProtSec 11.28 0.03 4.3 3.5
3 year returns are cumulative. The SmCpA 60.10 0.04 7.1 29.7 LargeCapValue 15.19 -0.27 1.7 65.8 IntGvFxdInc 11.24 0.03 4.4 -12.1 1200 1100
NAV is the last reported closing STBFA 9.56 0.03 2.1 -1.6 IntlCoreEq 14.88 0.04 10.3 51.6
price for the week. Footnotes: NA: MunicipalBond 9.86 0.03 2.5 3.5
not available. NE: performance STTxExBdA 9.88 0.02 1.2 0.3 S/MCapGrowth 12.41 0.04 5.6 28.4 IntlREst 3.83 0.03 3.2 18.6 -1600 500
excluded by Lipper editor. NN: fund TECAA 16.52 0.07 2.8 1.6 S/MCapValue 12.27 -0.16 -0.8 63.1 IntlSustCore1 11.85 0.04 11.7 44.0
not tracked. NS: fund not in TxExA 12.29 0.05 3.0 2.2 Brown Advisory Funds: IntlVal 19.42 -0.04 9.5 73.9 -4400 -100
existence for whole period. e: ex WshA 52.92 -0.46 2.2 50.0 IntlVectorEq 12.98 0.03 9.8 56.4
capital gains distributions. f: GrwthEquityInst 23.93 -0.16 10.5 16.5
previous day’s quote. n: no front- AMG Managers Funds: IntSmCo 18.91 0.09 8.7 47.5 -7200 -700
or back-end sales charge. p: fund YachtmanFocFd I 19.00 -0.23 5.3 58.2 C IntSmVa 20.56 0.07 9.4 59.4
assets are used to pay marketing YacktFocFd N n 19.07 -0.23 5.3 57.4 IntTermMuni 9.98 0.03 1.4 0.0 -10000 -1300
and distribution costs (12b-1 fees). Calamos Funds: IntVaIII 16.71 -0.04 9.5 74.5
r: fund levies redemption fee or YacktmanFd I 21.99 -0.33 4.1 59.7 Mar Apr May Mar Apr May
back-end load. s: stock dividend or Angel Oak Funds Trst: MktNeutI 14.26 -0.01 3.8 11.1 ITExQual 9.45 -0.03 4.5 -6.9
split of 25% or more. t: fund charges AglOkMtiStFdClIn 8.50 NA NA NA Calvert Investments: LgCo 28.22 -0.22 8.3 51.1
12b-1 fees (for marketing and AQR Funds: Eq A 69.60 -0.13 5.2 42.9 LgCpIntl 25.64 0.06 11.1 47.6 Money Market Funds Taxable Bond Funds
distribution) and a back-end load.
v: capital-gains distribution may be LgCapDefStyle I 25.87 -0.08 3.5 39.6 Carillon Reams: SclCrEqInst 13.69 0.04 10.7 48.4 81000 5200
a return of capital. x: ex cash
STExQual 10.30 0.01 2.2 -1.8
Ariel Investments: CorePlBd I 30.51 -0.13 4.7 -2.8
dividend. STGov 9.87 0.00 1.6 -4.2 60000 3700
Ariel Inv n 65.27 -0.84 4.7 71.4 Carillon Scout:
STMuniBd 10.09 0.01 0.9 0.8
Net YTD 3-Yr. Artisan Funds: MidCap I 19.74 -0.01 1.9 49.4
NAV Chg. % Ret. % Ret.
US CoreEq1 31.28 -0.33 5.4 58.0 39000 2200
GblOppInst 28.51 -0.07 8.0 24.1 CausewayInst : US CoreEq2 28.33 -0.30 4.7 61.3
A Intl Inv n 26.08 0.01 9.1 24.2 CausewayInst 18.96 0.01 19.0 76.2 US Micro 22.51 -0.22 -1.4 73.5
IntlInst 26.23 0.01 9.2 25.0 CIBC Atlas: US Small 38.52 -0.45 -0.2 69.7
18000 700
AAM: IntlVal Inst 43.20 -0.20 11.9 74.9 DispEq Inst 25.39 -0.18 5.4 40.2 US SmCpVal 37.45 -0.94 -4.3 97.5
IntlVal Inv n 43.03 -0.21 11.8 73.6 US TgdVal 26.29 -0.64 -3.7 97.6
-3000 -800
B&GIncGroClI 21.99 -0.31 -0.4 39.9 ClearBridge:
AB Funds: MidCapInst 36.37 0.37 8.7 17.6
AggressGrowthA101.94 -0.14 5.7 15.0 USLCpGr 27.26 -0.09 7.1 50.6 Mar Apr May Mar Apr May
MidCapInv n 30.46 0.30 8.6 16.8 USLgVa 41.02 -0.90 -0.6 58.7
CapFdInc.LCapGow 79.23 -0.20 13.5 39.1 AllCapValueA 12.06 -0.18 -1.0 54.6
USLgVaIII 26.85 -0.60 -0.6 59.2 A red chart indicates a lower value than the starting period. Green means it's higher than the starting period.
IntlStraEquPtZ 11.36 0.01 8.1 25.8 B AppreciationA 28.58 -0.18 6.3 49.2
USSoCoreEq2 20.32 -0.22 5.9 57.3 The charts above show four-week moving averages of net cash flow in millions of dollars. BARRON'S • Lipper FMI
MuniIncmShares 11.09 0.03 4.0 14.2 DividendStrat1 n 27.65 -0.19 3.9 54.1
AB Funds - A: USSustCoreI 31.87 -0.32 6.0 55.4
Baird Funds: DividendStratA 27.63 -0.19 3.8 52.8
USVectorEq 21.20 -0.39 -0.2 67.9
LgCpGrA 70.46 -0.18 13.3 37.8 AggBdInst 9.85 -0.01 3.7 -7.6 LargeCapGrowthA n 47.04 -0.02 17.6 31.6 Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
Dodge & Cox:
RelatValA 5.83 -0.10 -0.5 55.2 CorBdInst 10.12 -0.01 3.6 -5.6 LargeCapGrowthI 54.83 -0.01 17.8 32.8 NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
AB Funds - ADV: SmallCapGrowthIS 37.90 -0.86 1.6 31.5 Balanced n 94.64 -1.03 2.5 43.3
IntBdInst 10.31 0.02 3.2 -3.3 InflPrBdIndInsPr n 9.36 0.02 3.8 2.6 FF2010 n 13.37 -0.01 4.9 12.0 DivIntlK 40.41 0.05 11.1 31.8 SrsGroCoRetail 16.17 0.16 17.4 58.8
Cohen & Steers: Dodge & Cox n 10.48 0.02 4.5 9.3
GlbBd 6.85 0.00 3.1 -5.1 ShtTBdInst 9.33 0.02 2.2 1.0 IntlIdxInstPrem n 46.14 0.18 12.0 44.4 FF2015 n 10.86 -0.01 5.4 15.8 DivStkO n 27.89 0.03 8.3 49.8 SrsIntlSmCp 16.47 0.20 11.0 38.1
GblStock n 13.36 -0.17 5.9 71.5
HiIncmAdv 6.59 -0.03 3.6 18.7 Baron Funds: GlbRltyI 50.46 0.05 4.3 24.8 IntlIndex n 10.74 0.05 9.5 37.7 FF2020 n 13.53 -0.02 6.0 19.4 EmrMkt n 33.64 0.07 7.1 20.1 SrsIntlVal 10.83 -0.02 8.0 63.2
Income n 12.50 -0.03 3.5 -2.1
IntlStraEquPtADV 11.34 0.00 8.0 25.7 Asset n 89.54 -0.93 3.1 21.5 InstlRlty 43.67 -0.15 3.4 34.1 IntrTresBdIxPrem n 9.95 0.03 4.6 -11.5 FF2025 n 12.47 -0.03 6.4 22.7 Eq Inc n 64.02 -0.71 0.9 52.3 STBF n 8.33 0.02 2.3 0.1
Intl Stk n 46.74 -0.15 8.4 57.9
LgCpGrAdv 79.31 -0.20 13.4 38.8 Growth n 91.24 -0.70 7.4 51.4 PrefSecIncnI 11.04 -0.21 -4.2 -1.2 LgCpGwId InstPre n 24.08 0.03 15.7 47.5 FF2030 n 15.61 -0.04 6.7 27.5 EqDivIncm n 25.85 -0.41 1.2 56.6 StkSelSmCp n 28.71 -0.30 2.5 58.7
Stock n 215.39 -3.56 1.0 69.3
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

SelectUSLgShrt 12.54 -0.06 2.0 27.5 Partners n 127.75 0.63 14.5 126.5 RltyIncI 15.57 -0.08 3.4 33.8 LgCpVlIdxIstPrem n 14.91 -0.26 0.7 51.0 FF2035 n 13.50 -0.04 7.3 36.2 Fidel n 64.61 -0.22 10.8 41.5 StkSlcACap n 60.64 -0.31 9.0 49.7
DoubleLine Funds:
SmMidCpValAdv 19.90 -0.49 -1.8 67.9 Baron Instl Shares: RltyShs n 59.98 -0.20 3.3 33.1 LTTrsBdIdxInstPr n 10.67 -0.11 6.3 -31.5 FF2040 n 9.60 -0.03 8.0 41.8 FltRateHi n 9.09 -0.02 4.0 23.5 StratDivInc n 15.61 -0.15 2.1 36.2
Aberdeen Fds: Colorado BondShares: CoreFxdIncmI 9.43 -0.01 4.1 -3.2 MidCpInxInstPrem n 26.51 -0.32 2.3 48.4 FF2045 n 11.04 -0.03 8.1 42.0 FocsdStk n 25.39 0.09 7.4 37.8 TaxFrB n 10.90 0.04 3.7 4.2
AssetInst 94.62 -0.99 3.2 22.4 LowDurBdI 9.49 0.02 2.5 5.7
EmMktEqty Inst 12.92 -0.01 3.4 17.5 EmergingMktsInst 13.34 0.05 2.3 13.8 ColoradoBdShs 8.69 0.02 3.1 11.5 OTCK6Port 16.54 0.04 17.6 49.1 FF2050 n 11.16 -0.04 8.0 41.9 FournOne n 50.66 -0.14 7.7 35.6 TotalBond n 9.55 -0.02 3.8 -3.5
ShillerEnhCAPEI 12.50 -0.21 7.5 49.2 RealEstIdxInst n 14.79 -0.06 1.8 26.9 Free2055 n 12.94 -0.04 8.1 42.0 GNMA n 10.31 0.00 3.5 -8.5 TotalBond K6 8.90 -0.02 3.8 -2.7
Advisers Inv Trst: GrowthInst 96.15 -0.73 7.4 52.5 Columbia Class A:
TotRetBdI 9.01 0.00 4.1 -5.3 SAIUSLgCpIndxFd 18.20 -0.15 8.3 51.2 Free2060InstPrem 14.83 -0.05 7.9 36.4 GovtInc n 9.39 0.01 3.6 -12.0 Trend n 127.57 0.92 18.5 40.2
Balanced n 83.19 0.01 4.8 37.1 PartnersInst 132.80 0.66 14.6 128.3 BalancedA 43.71 -0.03 8.1 27.6 TotRetBdN n 9.01 0.01 4.0 -6.0 SeriesBondFd 9.10 -0.01 3.6 -9.3 Freedom2015 K 10.85 -0.01 5.4 16.0 GroCo n 26.79 0.27 19.0 54.6 Value n 12.47 -0.20 -0.2 90.8
Growth n 101.53 0.29 5.5 55.8 SmallCapInst 27.94 -0.75 5.5 32.6 ContCoreA 26.92 -0.05 10.9 49.3
SeriesOverseas 12.37 0.01 13.9 42.5 Freedom2020 K 13.53 -0.02 6.1 19.8 GroInc n 50.03 -0.88 5.5 66.5 ValueDisc n 34.76 -0.45 -1.1 60.2
Akre Funds: Bernstein Fds: DisplCoreA 11.74 -0.17 7.3 46.7 E
SerLTTreBdIdx 6.16 -0.07 6.2 -31.6 Freedom2020K6 13.47 -0.02 6.1 20.1 GrowCoK 26.92 0.27 19.1 54.9 Wrldw n 27.36 0.03 8.8 35.7
AkreFocusInst 51.66 -0.53 7.5 26.6 DivrMuni n 13.82 0.02 2.2 4.2 DivIncA 28.68 -0.38 -0.3 47.4
Eaton Vance Class A: SmCpIdxInstPrem n 21.81 -0.10 0.5 43.8 Freedom2025 K 12.46 -0.02 6.5 23.0 GrStrt n 49.41 -0.44 5.8 29.5 Fidelity SAI:
AkreFocusRtl 49.76 -0.51 7.4 25.6 IntmDur n 11.51 -0.01 3.4 -7.1 DivOpptyA 33.72 -0.74 -2.4 46.4
STBdIdx InstPrem n 9.67 0.02 2.6 -2.8 Freedom2025K6 12.42 -0.02 6.5 23.4 GwthDiscovery n 45.34 0.34 11.1 49.4 FidSAIEmgMktIndx 12.68 0.07 4.0 17.3
AmanaGrowth n: NY Mun n 13.36 0.03 2.3 4.9 LgCpGrowA 47.99 0.18 15.7 36.7 TMG1.1 81.34 -0.85 9.2 49.7 STTreIdx InstPre n 10.07 0.03 2.7 -3.9 Freedom2030 K 15.61 -0.03 6.8 27.9 HighInc n 7.37 -0.04 3.1 7.3 FidSAIIntlIndxFd 13.17 0.05 12.1 44.4
AmanaGrowth n 61.49 -0.36 7.5 58.5 BlackRock Funds: LgCpVl A 14.65 -0.26 -0.9 53.0 Eaton Vance Class I: TMktIdxInstPrem n 113.73 -0.86 7.5 49.0 Freedom2030K6 15.55 -0.04 6.8 28.4 IntBd n 10.09 0.01 3.2 -2.9 IntlValIdx 9.16 0.00 10.1 55.8
Amer Beacon Insti: CoreBd Inst 8.47 -0.01 4.3 -7.1 LiGoBalA 10.44 -0.02 6.6 23.4 AtlCpSMID 34.20 -0.26 0.1 53.7 TotalMarketIndex n 14.36 -0.11 7.6 50.0 Freedom2035 K 13.49 -0.04 7.3 36.5 IntlDisc n 43.37 0.22 9.4 30.0 LowDurationInc 9.97 0.00 1.8 NS
HiYBlk 6.79 -0.04 4.6 16.2 SelgComuInfoA 90.94 0.05 11.2 70.7 FltgRt 8.27 -0.03 3.8 19.0 TtlIntIdxInstPr n 12.78 0.06 9.1 37.6
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

SmCpInst 21.92 -0.35 -2.3 79.7 Freedom2035K6 13.46 -0.03 7.5 37.2 IntlEnhIdx n 10.46 0.02 11.8 43.7 Muni Inc 9.83 0.03 3.6 3.7
HiYldBd Inst 6.79 -0.03 4.6 16.0 TaxEA 11.78 0.06 3.5 1.6 GblMacAbR 8.20 0.04 2.7 12.1 USBdIdxInstPrem n 10.45 -0.01 3.6 -9.3
American Century G: Freedom2040 K 9.61 -0.03 8.0 42.4 IntlGrRet n 17.86 0.00 12.2 32.4 SAIEmgMktLoVolIx 10.44 0.12 6.7 31.5
InflProtBdInst 10.05 0.01 4.0 4.5 Columbia Class Adv: IncBos 4.98 -0.03 4.3 16.6 USSusIdx n 18.08 -0.11 8.5 49.1
GlBond 8.68 0.00 4.0 -4.0 Freedom2040K6 9.56 -0.03 8.0 42.9 IntlSmCap n 29.52 0.22 10.4 48.6 SAIInflaFocFd 9.20 -0.09 -6.0 76.4
LowDurI Inst 8.97 0.02 2.4 1.7 DivIncom 29.27 -0.37 -0.2 48.6 NatlMuniInc 9.27 0.05 3.9 3.1 Fidelity Adv Focus A: Freedom2045 K 11.03 -0.04 8.1 42.5 IntMu n 10.06 0.02 2.4 3.4
Sustain Equity 41.75 -0.16 7.7 51.1 ShortTermBd 9.60 0.01 2.1 NS
BlackRock Funds A: Columbia Class C: Edgewood Growth Instituti: HthCarA 60.90 0.94 5.4 21.0 Freedom2045K6 10.98 -0.04 8.2 43.0 InvGB n 7.25 -0.02 3.9 -6.2
American Century I: TotalBd 9.04 -0.02 3.8 -2.5
AdvLgCapCore 16.28 -0.13 6.9 45.3 DivInc 27.68 -0.36 -0.6 44.1 EdgewoodGrInst 35.86 -0.75 14.6 18.7 TechA 77.53 1.56 24.8 63.2 Freedom2050 K 11.16 -0.04 8.1 42.5 InvGrBd 10.11 -0.02 4.0 -3.6 TxFreeBd 9.95 0.04 3.5 4.4
EqInc 8.88 -0.10 1.8 38.3
CapAppr 26.35 0.02 18.4 23.3 Columbia Class I: Fidelity Advisor: Freedom2050K6 11.14 -0.03 8.3 43.2 LargeCap n 40.24 -0.73 7.1 67.9 U.S.TreBdIdx 8.93 0.01 3.9 -12.1
Growth 42.75 0.19 16.8 41.1 F
EqtyDivd 18.70 -0.25 3.2 51.3 Acorn I 9.71 -0.05 8.2 12.8 SrsAdvIntlCapApp 26.70 0.03 14.2 31.4 Freedom2055 K 12.94 -0.05 8.1 42.4 LCapCrEIdx n 19.13 -0.16 7.1 52.5 Fidelity Selects:
IntTF 10.81 0.04 2.7 4.3
GlblAlloc 17.14 -0.08 4.1 19.9 Balanced I 43.60 -0.03 8.2 28.6 StragInc n 11.12 -0.03 3.6 8.7 Freedom2055K6 12.92 -0.04 8.2 43.1 LCapGrEIdx n 26.06 0.01 13.7 48.5
MdCapVal 15.44 -0.22 0.2 60.4 FAM Value: Biotech n 17.05 0.73 4.7 4.2
HlthScOp 66.57 0.35 1.4 26.8 ContCore I 27.25 -0.04 11.0 50.4 TotBdFdClZ 9.53 -0.03 3.7 -3.3 Idx2020InsPre 14.94 -0.03 6.0 15.1 LevCoSt n 32.91 -0.30 5.4 63.3
SmCapVal 8.92 -0.20 -2.1 78.4 FAMValue n 83.75 -0.89 1.5 41.0 DfAero n 15.40 -0.36 -0.2 47.8
MdCpGrA 27.35 -0.30 7.1 13.2 DivIncom I 28.72 -0.37 -0.2 48.6 Fidelity Advisor A: Idx2025InsPre 16.93 -0.03 6.4 18.2 LgCpVHIdx n 14.29 -0.25 -0.3 55.5
American Century Inv: Federated Hermes A: Energy n 51.54 -3.23 -8.1 164.2
MultiAstIncome 9.77 -0.04 4.3 12.8 LgCpIdx I 48.37 -0.38 8.2 50.5 BalancA 23.89 -0.11 8.5 35.3 Idx2030InsPre 17.92 -0.04 6.7 22.6 LmtTrmMuniIncm n 10.22 0.02 1.2 1.3
DiscCoreVal n 29.56 -0.54 -3.3 34.5 Gold n 26.56 1.15 18.9 -3.0
NatlMuni 10.12 0.03 2.9 1.5 SelComunInfo 105.36 0.06 11.4 72.0 StrValDivA p 5.53 -0.12 -3.3 44.9 EqGrA p/r 14.10 0.11 11.0 48.4 Idx2035InsPre 20.08 -0.05 7.3 30.7 LowP n 46.90 -0.35 1.5 64.6
EqGro n 23.03 -0.23 5.0 30.5 Health n 29.14 0.46 5.5 24.3
ScTechOppA 39.75 0.01 16.3 24.7 SelLCVal 30.47 -0.42 -2.5 64.9 Federated Hermes Int: GrOppA 100.81 0.59 14.0 30.7 Idx2040InsPre 20.45 -0.05 7.9 36.3 LowPriStkK 46.84 -0.36 1.6 64.9
EqInc n 8.86 -0.11 1.6 37.4 HlthCareSrvPt r n 127.53 -1.09 -3.4 42.8
TotRet 10.17 -0.02 4.2 -6.0 StratInc I 20.95 -0.03 3.8 8.3 InsHiYld 8.46 -0.06 4.0 11.5 NwInsghtA 28.24 -0.18 12.3 35.1 Idx2045InsPre 21.26 -0.06 8.0 36.4 LowPriStkK6 14.28 -0.11 1.6 64.8
Grwth n 41.48 0.18 16.7 40.3 ITSvs n 54.75 -1.49 4.2 5.1
BlackRock Funds III: TotReBd I 30.70 -0.02 4.5 -3.8 TtlRtnBdI 9.68 0.00 3.5 -3.1 StrInA 10.96 -0.03 3.5 7.7 Idx2050InsPre 21.29 -0.07 8.0 36.4 LtdTmBdFd n 11.02 0.03 2.8 -0.5
Heritage n 19.41 -0.10 6.2 30.3 MdTchDevis n 65.63 0.17 6.6 30.6
iShS&P500IdxK485.31 -3.83 8.3 51.1 Columbia Class I2: Federated Hermes IS: Fidelity Advisor Fun: Idx2055InsPre 17.52 -0.05 7.9 36.4 Magin n 11.71 0.03 9.5 33.2
MdCapVal n 15.42 -0.22 0.1 59.5 Retail n 16.98 -0.20 7.2 34.2
iShUSAggBdIdxK 9.14 -0.01 3.3 -9.5 KaufmnSCI 44.09 0.35 6.1 13.1 Idx2020 Premier 14.94 -0.02 6.0 NS MAMun n 11.33 0.04 2.5 0.5
OneChMod n 13.56 -0.03 5.7 25.4 DivIncom 29.23 -0.38 -0.2 48.8 InterDiscZ 43.16 0.22 9.4 30.4 Semiconductors r n 18.95 0.43 30.0 117.7
BlackRock Funds Inst: StraValDivIS 5.57 -0.12 -3.2 45.9 Idx2025 Premier 16.92 -0.03 6.4 NS Manager40 n 11.97 -0.01 5.4 16.6
Select n 88.01 0.36 16.9 41.5 Columbia Class I3: Fidelity Advisor I: Softwr n 22.74 -0.14 15.7 36.5
UltraShortI 9.04 0.00 1.9 4.5 Idx2030 Premier 17.91 -0.04 6.6 NS Manager60 n 13.85 -0.01 6.8 25.8
Ultra n 65.09 0.43 18.0 46.3 AdvLgCapCore 17.22 -0.14 7.0 46.3 ContCore I3 27.97 -0.04 11.0 51.0 BalancI 24.52 -0.11 8.6 36.3 Tech n 22.39 0.45 25.5 55.5
Idx2035 Premier20.08 -0.05 7.3 NS MidCap n 37.25 -0.81 -0.6 68.8
American Century R6: CAInsMun 11.84 0.03 1.9 6.3 DivIncom 29.28 -0.38 -0.2 49.0 Federated Hermes R: ConsvIncmMuni I 9.99 0.00 1.1 2.8 UtilGr n 102.48 0.10 -1.3 44.1
Idx2040 Premier20.44 -0.06 7.9 NS MidCapEnIdx n 15.62 -0.20 1.1 52.2
MdCapVal 15.44 -0.22 0.3 61.2 EmgMkts 23.04 -0.06 3.5 16.3 Credit Suisse Common: KaufmnR 4.89 0.05 4.7 -4.9 EqGrI 16.31 0.12 11.1 49.5 Fidelity Series:
Idx2045 Premier 21.25 -0.07 7.9 NS MuniInc n 12.16 0.04 3.4 3.9
SmCpVal 8.92 -0.20 -2.1 79.2 EqtyDivd 18.79 -0.25 3.3 52.4 Federated Hermes R6: FAEmgMktI 27.64 0.03 3.3 24.5 Canada 14.15 0.09 7.8 72.1
ComdtyRet 23.06 -0.28 -7.5 73.2 Idx2050 Premier 21.29 -0.06 8.0 NS NASDAQ n 154.67 0.13 17.3 42.5
American Funds Cl A: FloRateIncPorIns 9.51 -0.03 4.0 20.4 FedInstHYBondL 8.47 -0.06 4.1 11.5 FAInvGrdI 7.26 -0.01 3.9 -6.3 IntMuni Z 10.08 0.02 2.5 3.5
Idx 2055 Premier 17.51 -0.06 8.0 NS NewInsights Z 29.62 -0.19 12.5 36.6
GlblAlloc 17.33 -0.08 4.2 20.8 D StrValL 5.57 -0.12 -3.2 46.0 FltRatel 9.08 -0.02 3.9 23.3 FidelityAdviAsset:
2020TarRetA 12.64 -0.03 3.9 17.5 Income n 10.30 -0.02 4.0 5.8 NewMill n 42.36 -0.19 7.1 76.4
HiEqInc 27.28 -0.51 2.8 56.4 TtlRtnBdL 9.67 0.00 3.4 -3.1 GrOppI 111.64 0.65 14.1 31.7
2025TarRetA 14.06 -0.04 4.5 20.3 Fidelity Invest: NewMkt n 11.46 -0.04 1.3 0.2 ADVAssetMan60 13.84 -0.01 6.7 26.0
HlthScOp 71.08 0.38 1.5 27.8 Davis Funds A: Fidelity: HthCarI 67.64 1.05 5.5 22.0
2030TarRetA 15.29 -0.05 5.2 24.4 AggrInt n 23.83 0.03 14.2 31.5 OTC n 15.03 0.03 17.1 47.6 First Eagle Funds:
MdCpGrEq 32.19 -0.36 7.2 14.0 NYVen A 23.61 -0.52 6.4 38.3 IntlGr 17.82 0.00 12.2 32.4
2035TarRetA 16.38 -0.05 6.0 30.7 500IdxInstPrem n 143.65 -1.13 8.3 51.2 AilSectEq 9.51 -0.07 9.8 58.8 OTC K 15.37 0.03 17.2 48.0 GlbA 62.34 -0.23 7.5 40.2
MultiAstIncome 9.78 -0.05 4.4 13.6 Davis Funds C & Y: MuniIncI 10.08 0.03 2.5 3.1
2040TarRetA 16.96 -0.07 6.5 33.8 BalancedK6 12.79 -0.06 8.7 38.4 AMgr20% n 13.11 -0.03 3.6 7.2 Ovrse n 57.40 0.05 13.5 37.9 OverseasA 24.49 0.13 9.0 27.5
NatlMuni 10.12 0.03 3.1 2.4 NwInsghtI 29.49 -0.19 12.4 36.2
2045TarRetA 17.30 -0.08 6.7 34.1 NYVenY 24.52 -0.54 6.5 39.4 Contrafund K6 19.03 -0.17 13.2 36.7 AMgr50% n 18.72 -0.01 6.0 21.0 PuritanK 21.76 0.00 6.7 31.5 FPA Funds:
ScTechOppInst 43.74 0.00 16.4 25.7 REIncmInst 11.25 -0.08 2.5 28.5
2050TarRetA 16.94 -0.08 6.9 33.8 Del Invest Instl: EmgMktIdxInstPre n 9.82 0.06 4.1 17.7 AMgr70% n 24.15 -0.03 7.3 31.2 Puritn n 21.78 0.00 6.7 31.2 NwInc n 9.60 0.02 2.7 3.1
StratIncOpptyIns 9.25 0.00 2.1 8.0 StrInI 11.12 -0.03 3.6 8.5
AmcpA 33.27 -0.15 10.6 27.0 Value 17.71 -0.33 -3.5 42.7 ExtMktIdxInstPre n 64.82 -0.37 3.0 37.6 AMgr85% n 22.37 -0.02 8.2 38.8 RealE n 38.47 -0.17 3.1 28.5 FPA Funds Trust:
StratMuniOppI 10.47 0.04 2.3 5.9 Total Bd 9.53 -0.03 3.6 -3.7
AMutlA 49.10 -0.43 1.8 44.3 Deutsche DWS: FidAdAsset 13.11 -0.02 3.6 7.4 AstMgr30R n 11.19 -0.02 4.6 11.8 RealEstInc n 11.31 -0.07 2.6 28.5
TotRet 10.17 -0.01 4.3 -5.2 Fidelity Advisor M: FPACres Inst n 35.70 -0.06 7.1 50.2
BondA 11.64 0.01 3.4 -6.6 FidAdEm 33.62 0.08 7.1 NS Balanc n 24.81 -0.11 8.6 36.9 SAIIntlMinVolInd 10.87 0.03 10.6 22.0
BNY Mellon Funds: CoreEq n 27.56 -0.30 6.2 50.0 Balanced 24.27 -0.12 8.4 34.3 Franklin A1:
BalA 29.67 -0.18 3.5 23.7 FidSAI 8.59 -0.05 3.1 NS BalancedK 24.81 -0.11 8.6 37.2 SAILTTreBdIdx 7.99 -0.11 6.2 -33.4
Aprec n 38.54 -0.40 8.9 52.1 Diamond Hill Funds: EqGr 13.59 0.10 10.8 47.3 CA TF A1 6.84 0.03 2.9 0.8
CapIBA 64.54 -0.48 3.2 29.3 FidSAIEmerg 11.64 0.12 7.3 NS BluCh n 135.76 1.21 20.7 47.6 SAIUSMinVolIndFd 17.47 -0.01 5.6 38.6
CapWA 16.57 0.07 3.4 -10.1 Dr500In n 47.17 -0.38 8.1 49.1 LgCapI 28.88 -0.44 -0.6 46.5 FidSer5 8.07 0.01 4.8 NS GrOppM 99.16 0.57 13.9 29.7 SAIUSQtyIdx 17.02 -0.08 11.2 49.0 Fed TF A1 10.77 0.05 3.6 0.6
BluChpGr K6 20.91 0.18 20.9 50.1
CapWGrA 55.18 -0.22 7.4 37.0 Dreyf n 14.34 -0.05 9.7 54.4 LgCapY 28.91 -0.44 -0.5 47.1 FidSer0-5 9.54 0.03 2.8 NS NwInsghtM 26.36 -0.17 12.2 34.1 SmCapDisc n 23.43 -0.27 2.1 73.6 HiInc A1 1.65 -0.01 4.6 15.4
BluChpGrK 136.42 1.23 20.8 48.0
EupacA 54.52 0.15 11.2 31.9 DreyMid r Inv n 27.00 -0.32 1.6 57.8 LongShortI 25.20 -0.52 1.0 35.0 FIDSerEmgMkt 8.08 0.03 4.4 14.6 Fidelity Advisor Z: SmlCapO n 11.99 -0.12 2.7 54.5 HY TF A1 8.78 0.03 3.0 2.8
CAMun n 12.07 0.04 2.8 1.4
FdInvA 64.20 -0.59 6.9 43.8 GlFxIncI 19.40 0.02 3.4 -0.7 Dimensional Fds: FidSerInt 8.58 0.01 3.5 NS AssetManager50% 18.66 -0.02 6.1 21.3 SmlCpGrth n 24.66 -0.29 4.2 35.5 IncomeA1 2.29 -0.03 3.2 37.3
CapAp n 34.42 0.06 7.9 50.4
GBalA 34.23 -0.03 5.7 20.0 InstS&PStkIdx I 57.06 -0.68 8.2 50.4 2TGlFxd 9.67 0.01 1.7 -1.1 FidSerToMarket 13.55 -0.10 7.6 49.0 AsstMngr70 24.12 -0.02 7.3 31.5 CapDevO n 18.52 -0.34 7.2 67.0 SmlCpGrth K6 13.18 -0.16 4.4 36.7 NY TF A1 9.95 0.04 3.7 -0.5
GovtA 12.55 0.03 3.3 -8.0 IntlStkI 23.67 0.24 15.4 32.1 5GlbFxdInc 10.02 0.02 1.9 -5.2 FIDZroExtMktIx n 10.65 -0.11 1.2 53.4 FloatRateHighInc 9.09 -0.02 4.0 23.7 CnvSc n 30.25 -0.07 2.0 40.3 SmlCpGrth Z 24.91 -0.30 4.3 35.9 US Gov A1 5.18 0.01 3.0 -9.4
GwthA 55.16 -0.26 11.5 31.4 IntlStkY 23.38 0.24 15.5 32.3 DFARlEst 37.21 -0.14 1.8 26.8 FIDZroLgCpIx n 14.54 -0.11 8.5 49.3 GovtIncome 9.40 0.00 3.6 -11.8 Contra n 13.61 -0.11 14.2 37.1 SmlCpVal n 17.60 -0.23 -0.8 84.3 Utils A1 21.49 0.03 0.2 34.8
HI TrA 9.16 -0.04 3.3 21.1 SmMidCpGrI 23.74 0.14 4.3 9.4 EmgMkt 26.54 0.14 5.4 30.4 Flex 500 Index 17.65 -0.14 8.3 51.2 GrOpp 113.14 0.66 14.2 32.1 ContraK 13.66 -0.11 14.2 37.4 Srs1000ValIndRet 13.87 -0.24 0.8 51.3 Franklin Templeton:
HiInMuniA 14.71 0.05 3.4 8.3 StrgVal I 38.79 -0.89 0.3 89.8 EmgMktSoCoEq 13.37 0.10 6.2 31.6 FlexIntIdx 12.28 0.06 9.4 37.0 InvestGradeBd 7.26 -0.02 3.9 -6.0 CpInc n 9.22 -0.05 4.0 30.4 SrsBlChGroRetail n 12.10 0.12 21.2 52.5 TgtModA 13.44 NA NA NA
ICAA 44.29 -0.41 7.7 45.9 BNY Mellon Funds Tru: EmgMktVa 28.12 0.27 6.6 48.0 FlexUSBdIdx 9.21 -0.01 3.6 -9.3 NewMktsIncFdZ 11.46 -0.04 1.3 0.5 DisEq n 50.47 -0.20 10.4 36.8 SrsCommStrt 97.51 -1.19 -7.4 69.6 FrankTemp/Frank Adv:
IncoA 22.81 -0.19 1.6 32.9 MCMultiStrM 16.33 -0.15 3.0 43.8 EmMktCorEq 21.37 0.13 6.2 37.9 Freedom2060K 11.90 -0.04 8.1 42.4 RE Income 11.25 -0.08 2.6 29.0 DivGth n 29.88 -0.24 3.1 56.5 SrsEmrgMkt 16.56 0.08 6.0 18.3 CA TF Adv 6.83 0.03 2.9 1.3
IntBdA 12.71 0.05 3.3 -3.0 NtlIntmMuni 12.95 0.03 2.7 2.9 EmMktSmCp 21.44 0.19 6.0 53.0 GlexUSIdxInstPre n 13.74 0.06 9.5 36.8 StkSelAllCap 60.23 -0.31 9.1 50.2 DivIntl n 40.49 0.05 11.1 31.3 SrsGlobal 13.52 0.06 9.5 36.9 CvtScAdv 19.75 -0.03 2.8 38.3
IntlGrIncA 34.75 -0.11 9.5 41.0 Bridge Builder Trust: Fixd 10.14 0.01 1.6 0.3 GrowthCompanyK6 18.10 0.18 17.6 55.8 Fidelity Freedom: DivIntl K6 13.01 0.01 10.9 32.8 SrsIntlGrw 16.06 0.00 12.6 36.2 Dynat Adv 112.10 0.49 16.2 18.5
48 BARRON’S May 8, 2023

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA


Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
Growth Adv 112.42 -0.01 9.2 39.4 DevMktA 39.87 0.04 12.0 11.7 ValAdv L 34.00 -0.61 -2.2 60.2 InvGradeBdY 9.88 -0.02 3.7 1.9 LowDurInc 7.81 0.03 2.5 9.8 Royce Funds: 500Adml n 381.97 -3.00 8.3 51.1 TgtRetInc n 12.79 -0.01 4.9 8.6
IncomeAdv 2.26 -0.04 2.9 37.6 DiscFdA p 74.22 -1.28 3.7 25.1 JPMorgan L Class: LSGrowthY 19.92 0.01 22.4 41.5 ShtTm 9.48 0.00 1.6 4.1 PAMut I nr 8.03 -0.02 5.5 58.2 BalAdml n 41.66 -0.20 6.0 23.2 USGro n 45.44 0.27 16.2 21.0
RisDv Adv 86.30 -0.49 5.0 57.6 DisMdCpGrA 21.43 -0.24 2.9 23.3 Fl EmMktEq L 28.96 -0.20 2.9 12.1 Neuberger Berman Fds: TotRt 8.67 0.01 3.8 -7.7 Russell Funds S: CAITAdml n 11.32 0.04 2.6 2.0 WellsI n 24.68 -0.20 1.7 12.3
SmCpValAdv 52.57 -0.67 -1.4 64.4 DivIncm p 24.21 -0.29 0.1 42.3 MdCpVal L 33.77 -0.45 -1.5 58.6 GenesInst 56.63 -0.20 4.0 41.7 PIMCO Funds Instl: CALTAdml n 11.37 0.06 3.4 1.3 Welltn n 40.06 -0.24 4.8 28.2
StratBd 9.50 NA NA NA
Utils Adv 21.71 0.03 0.2 35.4 DivrsDiv p 17.45 -0.30 0.1 46.5 JPMorgan R Class: IntrinsicValInst 17.94 -0.14 0.8 67.5 ComPLUSStrtgyFd 6.40 -0.19 -5.7 147.5 CapOpAdml nr 155.85 0.48 6.7 52.6 Wndsr n 20.73 -0.48 2.3 76.7
TaxExBd 21.85 NA NA NA
FrankTemp/Franklin A: EqIncA 9.82 -0.11 0.5 41.0 LCVal Inst 42.94 -0.54 -0.2 78.5 DynamicBd 9.60 0.02 2.1 3.3 CoStIxAd nr 98.63 -0.23 4.9 47.4 WndsrII n 39.10 -0.53 4.9 61.1
CoreBond 10.41 -0.01 4.2 -5.6 TxMngUSLgCp 60.09 NA NA NA
BAL A 12.18 -0.12 2.2 25.7 EqWtdA p 64.89 -0.94 1.6 59.6 LgShInst 16.37 0.01 5.1 23.6 IncomeFd 10.49 0.04 3.6 9.9 DivAppIdxAdm n 42.42 -0.34 3.5 47.1 VANGUARD INDEX FDS:
CorePlusBd 7.32 0.00 4.2 -4.2
DynaTech A 107.46 0.47 16.0 17.6 GblStrIncmA p 3.12 0.02 3.8 4.9 StrIncInst 9.66 -0.03 4.3 10.2 InflRespMulAsset 7.68 0.00 1.9 29.7 S EMAdmr n 33.50 0.15 3.4 22.7 500 382.00 -3.01 8.3 50.7
HighYld r 6.19 -0.02 3.2 14.3
EqIn A 28.13 -0.41 0.8 47.4 GlbOppA p 46.31 0.48 7.0 0.0 Neuberger Berman Inv: Pioneer Funds A: EnergyAd nr 55.19 -3.22 -8.1 155.8 EmgMktInstPl 84.73 0.38 3.4 22.9
MtgBckd 10.25 0.03 4.3 -3.2
FoundFAlA 13.24 -0.03 4.9 29.5 GrIncA 20.37 -0.33 -0.3 66.0 Schwab Funds: EnergyAdml nr 85.46 -2.15 0.0 68.3 ExtndIstPl 255.41 -1.44 3.0 37.6
ShtDurBnd 10.63 0.03 2.5 1.8 Genes n 56.51 -0.20 3.9 41.0 CoreEqA 18.74 -0.32 3.7 44.8
GrOp A 39.23 0.08 12.8 19.6 HYMuA 8.67 0.03 3.1 7.4 1000 Inv nr 86.98 NA NA NA EqIncAdml n 82.40 -1.44 -2.0 53.2 FTAIWdInPl 114.17 0.49 9.1 38.3
USRechEnhEq 31.78 -0.22 9.2 56.9 Guard n 21.66 -0.13 13.0 51.7 DiscGrA 13.83 -0.13 9.0 49.3
Growth A 111.44 -0.01 9.1 38.4 IntTMIA p 10.38 0.03 2.7 4.2 CoreEq n 17.87 NA NA NA EuropeAdml n 79.29 -0.01 14.5 53.4 IdxIntl 18.12 0.09 9.0 37.9
JPMorgPrm: LCVal n 42.99 -0.54 -0.3 77.7 PioFdA 30.39 -0.47 4.0 43.1
LwDuToRt A 8.88 0.01 2.4 6.7 InvGloblFdA 85.07 -0.70 14.4 32.1 FunIntlLgInst nr 9.86 NA NA NA ExplrAdml n 90.87 -0.67 4.6 45.5 ITTresIdx Inst 25.29 0.09 4.1 -9.2
USEquity L 18.52 -0.07 8.5 52.9 Neuberger Berman Tr: Pioneer Funds Y:
RisDv A 86.40 -0.49 4.9 56.5 LmtdTrmMunInc p 11.04 0.02 1.7 3.7 ExtndAdml n 103.50 -0.59 3.0 37.5 LTTresIdx Inst 27.65 -0.28 6.3 -31.6
GenesisFdR6 56.60 -0.20 4.0 42.1 BondY 8.28 -0.02 4.1 0.1 FunUSLgInst nr 21.19 NA NA NA
MnStFndA 47.05 -0.39 8.4 41.6 GNMAAdml n 9.41 0.01 3.5 -8.3 MdCpGrAdml n 81.32 -0.74 5.3 31.5
SmCpVal A 49.09 -0.63 -1.4 63.1 L Nicholas Group: StratIncY p p 9.35 0.00 4.3 9.6 InflProSel n 10.54 NA NA NA
MnStSmCpA p 23.84 -0.31 2.1 44.8 GroIncAdml n 83.83 -0.70 6.6 51.6 MdCpVlAdml n 68.95 -0.97 -1.1 60.3
SmMCpGrA 29.43 -0.32 6.6 22.3 Price Funds: IntI Sel nr 21.84 NA NA NA
ModInvA 10.07 -0.05 5.1 21.1 Nich n 76.82 -0.50 10.9 49.9 GrwthAdml n 129.78 0.04 18.5 43.0 SmValAdml n 66.36 -1.22 -2.2 69.9
StrInc A 8.22 -0.01 3.9 6.6 Laudus Funds: S&P Sel n 62.49 NA NA NA
MunInA 11.98 0.05 3.6 3.9 Northern Funds: 2050RetFd n 15.71 -0.04 7.5 39.0 HltClxAd nr 123.34 0.45 -0.3 35.7 TotBd2 9.62 -0.01 3.7 -9.2
TtlRtn A 8.42 -0.01 4.1 -4.5 USLgCpGr nr 19.76 NA NA NA SmCp Sel nr 27.68 NA NA NA
RchHiYldMuniA 6.90 0.03 4.9 10.4 BdIdx n 9.36 NA NA NA Balnanced n 23.76 -0.04 7.4 26.2 HlthCareAdml nr 91.52 1.55 5.3 34.4 TotIntlInstIdx r 121.19 0.56 9.0 38.2
FrankTemp/Franklin C: Lazard Instl: TSM Sel nr 68.76 NA NA NA
RisingDivA 22.43 -0.12 6.4 52.0 EmMktsEqIdx nr 10.48 NA NA NA BlChip n 123.81 0.56 19.6 17.2 HYCorAdml nr 5.23 -0.02 3.6 10.9 TotItlInstPlId r 121.21 0.55 9.0 38.2
Income C 2.33 -0.04 3.0 35.1 EmgMktEq 15.94 0.08 9.4 34.2 USSmCoIdx nr 13.80 NA NA NA InfProAd n 23.96 0.04 3.8 2.7
RochAMTFrMuni 6.95 0.03 4.1 5.2 HiYFxInc n 5.73 NA NA NA Communica&Tech n 106.01 -0.64 14.6 7.9 TotSt 99.64 -0.75 7.4 48.7
FrankTemp/Franklin R: GlbLstInfr 15.28 0.20 8.4 39.3 SEI Portfolios: InfTechIdx n 197.77 0.96 21.2 63.9
RochLmtTrNYMuni p 2.81 0.01 2.5 3.5 IntlEqIdx nr 13.37 NA NA NA DivGro n 66.12 -0.38 3.4 51.0 VANGUARD INSTL FDS:
FrkDynTchR6 113.71 0.50 16.2 18.9 RoMu A p 15.15 0.07 4.9 6.3 IntStrtEq r 14.51 -0.02 8.1 31.9 EmMktS n 35.31 0.09 2.9 3.0 CoreFxIn F 9.71 -0.02 3.8 -9.0 IntlGrAdml n 100.42 0.36 11.1 32.0
IntTxExpt n 9.85 NA NA NA BalInst 41.67 -0.20 6.0 23.3
FrkGrthR6 112.35 0.00 9.2 39.8 SenFltRtA 6.51 -0.02 2.5 24.8 Legg Mason I: EqInc n 32.39 -0.64 -0.4 61.7 IntlEmg F 10.37 0.04 4.5 17.9 ITBondAdml n 10.43 0.00 4.5 -7.8
MidCpIdx n 18.47 NA NA NA DevMktsIndInst 14.97 0.07 11.1 44.1
FrkIncR6 2.27 -0.04 2.9 38.3 SP IncomeA 4.57 -0.13 2.4 143.3 IntlGrTrI 60.77 -0.17 12.5 31.7 EqIndex n 108.88 -0.86 8.3 50.5 IntlEq F 11.20 -0.04 11.8 44.0 ITIGradeAdml n 8.57 -0.04 4.3 -4.7
SmCpVal n 17.05 NA NA NA DevMktsInxInst23.40 0.11 11.1 44.1
FrkRisDivR6 86.29 -0.48 5.0 58.0 Invesco Funds P: Longleaf Partners: GlbStk n 50.13 0.06 9.7 38.9 IntMuni F 11.05 0.03 2.5 2.7 ITsryAdml n 10.21 0.03 3.9 -8.0
StkIdx n 43.22 NA NA NA EmMkInst r 25.47 0.11 3.4 22.8
FrkSmCpGrR6 20.05 -0.10 8.7 22.9 GlbTech n 12.32 0.19 22.6 0.5 TaxMgdLC F 31.25 -0.41 4.1 51.2 ITTresIdx n 20.38 0.07 4.1 -9.2
Summit P pn 18.64 -0.03 12.7 23.3 Partners n 20.25 -0.18 10.9 50.3 Nuveen Cl A: ExtndInst 103.50 -0.58 3.0 37.6
FrankTemp/Mutual A&B: Growth n 73.28 0.20 18.9 20.7 Sequoia: LarCapAd n 95.04 -0.68 8.4 49.1
Invesco Funds Y: Loomis Sayles Fds: AAMunBd p 10.15 0.03 3.1 -1.3 FTAlWldIst r 107.81 0.46 9.1 38.2
Shares A 22.76 -0.40 1.0 41.6 HelSci n 92.27 1.39 2.7 32.6 SequoiaFd n 132.62 -1.73 6.3 25.7 LTGradeAdml n 8.08 -0.12 5.2 -17.0
DevMktY 39.19 0.04 12.1 12.5 LSBondI 11.50 -0.06 2.8 5.5 HiYldMuBd p 15.20 0.05 3.9 11.4 FTScinst 27.62 -0.11 10.7 46.5
FrankTemp/Temp A: InstFLRfd r 9.25 -0.04 3.7 19.4 SmeadFds: LTsryAdml n 9.21 -0.10 6.2 -31.1
DiscovY 91.59 -1.58 3.8 25.9 Lord Abbett A: Nuveen Cl I: GrwthInst 129.79 0.04 18.5 43.1
InstHiYld 7.50 -0.04 4.2 12.5 SmeadValueInstl66.02 -1.43 -0.1 84.3 MidCpAdml n 256.30 -2.98 1.9 45.8
Frgn A 7.56 -0.05 10.2 46.0 EqWtdY 65.91 -0.95 1.7 60.8 HYMunBd 15.21 0.06 4.0 12.2 InPrSeIn 9.76 0.02 3.8 2.8
Affiltd p 15.11 -0.17 -2.2 41.3 LgCapGow I 53.88 0.00 17.3 32.1 SSgA Funds: MuHYAdml n 10.52 0.04 3.9 5.5
GlBond A 7.89 0.01 1.2 -10.3 GloblY 86.13 -0.71 14.5 33.0 Nuveen Cl R: InstIdx 345.59 -2.71 8.3 51.2
BdDeb p 6.99 -0.03 1.8 7.7 InstLCCoreGr 49.72 0.23 19.7 17.7 MuIntAdml n 13.59 0.04 2.7 2.8
Growth A 23.57 -0.27 10.3 32.2 IntGrowY 37.83 0.11 14.4 31.9 SP500 n 217.04 -1.71 8.3 50.8 InstPlus 345.58 -2.72 8.3 51.2
CalibrDivGr 17.59 -0.11 4.2 48.4 IntDMunBd 8.80 0.02 2.6 2.7 LgCpVal 22.03 -0.41 -0.8 61.5 MuLTAdml n 10.82 0.05 3.6 2.7
World A 13.04 -0.06 14.3 18.2 IntlSmCoY 42.70 0.28 9.9 24.5 InstTStPlus 71.65 -0.53 7.5 49.3
FloatRt p 7.92 -0.03 3.6 21.5 LmtTrmR 10.81 0.02 1.6 3.1 InstSmCap 24.57 0.07 2.8 38.8 T MuLtdAdml n 10.75 0.02 1.5 2.9
FrankTemp/Temp Adv: Ivy Funds: ITBdInst 10.43 0.00 4.5 -7.7
HYMuniBd p 10.66 0.02 3.3 6.1 IntDis n 61.16 0.02 7.6 25.5 MuShtAdml n 15.63 0.02 1.2 2.5
GlBondAdv 7.85 0.01 1.3 -9.6 AssetStrA p 18.78 -0.09 5.1 35.4 IntrTxFr 10.18 0.03 3.0 2.9 O NJLTAdml n 11.35 0.05 4.2 7.1 ITBdInstPI 10.43 0.00 4.5 -7.7
IntlStk n 18.33 0.08 10.5 30.1 TCW Funds: LaCapInst 391.17 -2.80 8.5 49.2
Frost Family of Fund: CoreEqA t 14.70 -0.18 6.2 50.0 MultiAstBalOppty 10.26 -0.03 3.2 28.3 NYLTAdml n 10.79 0.05 4.0 2.4
MCapVal n 29.14 -0.29 2.8 68.4 EmMktInc n 6.11 0.00 2.7 0.4 MidCpInst 56.62 -0.66 1.9 45.8
FrTRInst 9.44 -0.01 3.0 9.9 LgCpGwthA p 26.00 -0.01 16.5 47.9 ShtDurIncmA p 3.86 0.00 2.0 4.0 Oakmark Funds Invest: PacifAdml n 85.09 0.92 6.9 28.0
MCEqGr 59.60 0.23 6.7 34.3 TotRetBondI n 8.40 0.02 4.6 -11.5 MidCpIstPl 279.23 -3.25 1.9 45.9
LgCpGwthl r 28.44 0.00 16.7 49.3 TaxFr p 10.43 0.04 3.9 2.6 EqtyInc nr 30.27 -0.33 2.9 42.9 PALTAdml n 10.78 0.05 3.5 2.0
MidCap n 94.43 0.36 6.4 33.7 Thompson IM: RealEstaInstl 18.21 -0.07 1.7 25.9
G MidCapI 28.59 -0.38 6.6 33.6 Lord Abbett C: Oakmark n 109.59 -2.90 7.1 80.1 PrmcpAdml nr 141.89 0.58 8.4 54.1
N Asia n 16.32 -0.03 2.2 11.0 Rs1000GrwIdxInst488.98 0.57 15.6 47.3
MdCpGwthA p 25.04 -0.33 6.6 32.3 OakmrkInt n 26.70 0.02 16.0 69.0 Bond n 9.70 -0.05 0.9 6.1 RealEstatAdml n 117.64 -0.48 1.7 25.8
Gabelli Funds: ShtDurIncmC t 3.89 0.00 2.0 2.3 NAmer n 56.90 -0.10 9.2 51.6 Rs1000Vl IdxInst260.50 -4.51 0.8 50.9
ScTechA p 41.00 -0.25 11.7 25.9 Select n 54.69 -1.43 10.5 68.2 Thornburg Fds: S&PSC600Idx 345.03 -2.69 -1.1 61.0
Lord Abbett F: New Era n 40.53 -0.72 -1.4 79.9 Russ1000IdxInst362.62 -2.82 7.9 49.8
Asset p n 49.76 -0.14 4.7 51.2 ScTechI r 52.34 -0.32 11.8 26.6 Old Westbury Fds: IncBuildA t 22.43 -0.24 7.1 48.8 SmCapAdml n 88.83 -0.96 1.4 49.5
ShtDurIncm 3.86 0.00 2.3 4.5 NHoriz n 49.30 0.40 6.4 11.7 Russ3000Idx 355.61 -2.70 7.5 49.3
GE Elfun/S&S: AlCpCore n 21.10 NA NA NA IntVal I 24.38 0.07 10.4 44.5 SmGthAdml n 75.06 -0.06 6.6 24.5
J Lord Abbett I: OverS SF nr 12.09 0.06 10.2 44.0 SmCapInst 88.83 -0.95 1.4 49.6
Trusts n 64.38 -0.21 9.9 46.6 CreditIncomeFd n 8.22 NA NA NS QMUSSmCpGrEq n 37.26 0.17 7.4 34.1 LtdTIncI 12.74 0.01 3.3 0.5 STBondAdml n 10.06 0.02 2.6 -2.6
GMO Trust Class III: BdDebentr 6.95 -0.03 1.9 8.3 LtdTMu I 13.57 0.02 1.5 0.1 STCorpIx n 20.77 0.01 2.5 0.5 SmCapIstPl 256.39 -2.76 1.4 49.6
Janus Henderson: FixInc pn 10.34 NA NA NA SpectModerGwAllo n 33.91 -0.02 6.9 29.4 SmGthInst 60.11 -0.05 6.6 24.6
FloatRt 7.93 -0.02 3.8 22.4 Thrivent Funds A: STFedAdml n 10.13 0.02 1.9 -2.3
Quality 25.77 -0.09 11.8 55.4 Balanced C 39.01 -0.19 6.1 23.2 LrgCpStr n 15.39 NA NA NA R2010 n 14.19 -0.01 5.1 17.5 SmValInst 37.09 -0.69 -2.2 69.9
HiYld 6.19 -0.04 3.2 13.8 STIGradeAdml n 10.12 0.01 2.7 0.6
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GMO Trust Class VI: Balanced T n 39.63 -0.18 6.4 26.2 MuniBd pn 11.61 NA NA NA R2015 n 11.82 -0.01 5.3 20.0 LgCpStk 24.02 -0.16 7.2 41.9
ShtDurInc p 3.86 0.00 2.3 4.9 STIPSIxAdm n 24.03 0.05 2.7 9.8 STBdIdxInstPl 10.06 0.02 2.7 -2.5
Quality 25.78 -0.09 11.8 55.8 Enterprise T n 124.96 -1.15 5.5 45.1 Sm&MdCapStrategi n 14.23 NA NA NA R2020 n 17.65 -0.01 5.4 22.8 MidCapStk 26.59 -0.33 3.0 66.3
STsryAdml n 10.00 0.03 2.0 -2.5 STBDInst 10.06 0.02 2.6 -2.5
Goldman Sachs Inst: Grw&Inc T n 66.75 -0.45 5.9 53.7 MN Optimum Funds Inst: R2025 n 15.46 -0.02 5.7 26.5 Thrivent Funds S:
STTresIdx n 19.52 0.06 2.2 -2.3 STCorpIxInst p 25.43 0.02 2.5 0.6
EmgMktEq 20.82 NA NA NA Resh T n 54.65 0.07 15.2 32.9 Fixed Inc 8.27 0.00 3.4 -7.4 R2030 n 23.22 -0.04 6.2 30.0 LgCpVal n 25.39 -0.48 -0.3 67.4 STIGradeInst 10.12 0.01 2.7 0.7
TotBdAdml n 9.73 -0.01 3.7 -9.2
HYMuni 9.08 0.03 4.1 8.9 Jensen I : MainStay Fds A: LgCpGrwth 18.40 0.06 15.8 24.2 R2035 n 18.23 -0.04 6.7 33.3 MidCapStk n 31.40 -0.40 3.1 67.5 STIPSIxins 24.05 0.05 2.7 9.9
TotIntBdIdxAdm n 19.55 0.00 3.8 -9.1
Muni 15.12 0.05 3.0 6.8 HiYldBdA 5.02 -0.02 4.1 15.2 LgCpVal 18.67 -0.20 0.1 51.1 R2040 n 26.16 -0.06 7.1 36.3 TIAA-CREF/Instl Cl: STTresIdx 24.52 0.07 2.2 -2.2
Jensen I 57.82 -0.48 6.1 48.3 TotIntlAdmIdx nr 30.30 0.13 9.0 38.0
ShDuTF 10.29 0.02 1.4 1.4 TxFrBdA 9.44 0.03 3.0 1.7 Osterweis Strat Income: Ret2045 n 18.55 -0.03 7.4 38.9 CoreBond Inst 9.18 -0.03 3.6 -5.5 TotBdInst 9.73 -0.01 3.7 -9.1
JensenQualGrJ n: TotStAdml n 99.66 -0.75 7.5 49.1
Guggenheim Funds Tru: Mairs&Power: OsterweisStrInc n 10.56 -0.01 3.5 18.9 Ret2055 n 16.37 -0.03 7.5 39.0 CorePlsBd 9.17 -0.03 3.6 -3.7 TotBdInst2 9.62 -0.01 3.7 -9.0
JensenQualGrJ n 57.88 -0.49 6.0 47.4 TxMBal nr 38.07 -0.07 5.2 24.6
RetBal Inc n 12.45 -0.01 4.7 17.3 TIAA-CREF/Retail Cl: TotBdInstPl 9.73 -0.01 3.7 -9.1
MacOppFdClInstl24.03 -0.05 3.5 13.7 JHF III DispVal: MairsPwrGr n 129.18 0.07 9.5 46.2 TxMCapAdml n 213.23 -1.44 8.2 50.6
PQ SciTec n 32.55 -0.29 24.6 31.9 TotIntBdIdxInst 29.33 0.00 3.8 -9.0
TotRtnBdFdClInst 23.85 -0.05 4.3 -3.3 DispVal I 20.54 -0.29 -1.7 60.8 Mass Mutual: EqIdx n 29.74 -0.23 7.4 48.3 TxMIn nr 14.95 0.07 11.0 44.0
Sht-Bd n 4.54 0.01 2.3 1.3 TotStInst 99.68 -0.74 7.5 49.1
GuideStone Funds: DispValMCI 24.58 -0.32 0.7 64.5 SelBluChipGroClI 19.66 0.05 20.9 27.1 Gro&Inc n 21.11 -0.23 10.7 47.7 TxMSC nr 75.93 -0.59 -1.1 60.4
Parnassus Fds: SmCap n 46.88 -0.47 -2.1 51.3 TtlWrldIxInst p 190.01 -0.48 8.2 44.5
EqindxGS2 42.63 NA NA NA DispValMdCp 23.37 -0.30 0.6 63.3 MassMutual Select: TIAA/CREF Funds: USGroAdml n 117.73 0.70 16.2 21.3
ParnEqFd n 51.20 0.03 9.3 52.8 SmCapStk n 52.75 0.14 2.7 38.9 TxMCaInst r 105.94 -0.72 8.2 50.7
MedDurGS2 12.91 NA NA NA DispValMdCpR624.58 -0.31 0.7 65.1 BdIdxInst 9.70 -0.01 3.7 -9.4 UtilIxAd nr 75.16 0.04 -1.5 32.0
MCGrEqIII 18.54 0.02 6.1 32.6 Pear Tree: SpecGr n 21.52 -0.08 6.6 43.3 ValueInst 54.00 -0.83 -0.8 55.4
DispValR6 20.59 -0.29 -1.6 61.3 EqIdxInst 29.18 -0.23 7.5 49.5 ValAdml n 54.00 -0.83 -0.8 55.4
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Metropolitan West: SpecInc n 11.13 -0.04 3.1 6.9 Victory Funds:


H JHITFunLgCpCorFd: ForeignVal I r 21.50 0.12 10.0 44.7 Gr&IncInst 13.57 -0.15 10.8 48.9 WdsrllAdml n 69.37 -0.94 4.9 61.5
LowDurBdI 8.32 0.02 2.8 0.6 SuMuInt n 11.33 0.04 2.6 2.5 WellsIAdml n 59.77 -0.49 1.7 12.5
Perm Port Funds: HgYldInst 8.30 -0.06 3.5 12.8 EstValA 44.65 -0.57 0.0 78.9
FunLgCpCorA 56.24 -0.47 11.6 52.2 TotRetBd n 9.30 0.00 4.0 -9.0 TF Incom n 10.80 0.04 3.5 7.7
Harbor Funds: Permanent n 47.44 -0.12 2.2 34.4 IntlEqIdxInst 21.39 0.08 12.0 44.0 WelltnAdml n 69.18 -0.41 4.9 28.5 EstValI 44.70 -0.57 0.2 80.6
John Hancock: TotRetBdI 9.30 0.00 4.2 -8.4 TotIndex n 44.15 -0.34 7.6 47.9 WndsrAdml n 69.89 -1.64 2.3 77.2
CapApInst 75.60 0.45 20.5 32.2 PGIM Funds Cl A: IntlEqInst 12.71 0.05 11.2 48.4 SmCoOppI 45.95 -0.26 -0.9 63.7
500Index1 44.04 -0.35 8.2 49.9 TRBdPlan 8.72 0.00 4.2 -8.1 U.S.EqResch n 39.84 -0.26 9.8 53.7 VANGUARD FDS:
IntlInst 43.74 0.04 11.1 48.4 HighYield 4.61 -0.02 3.8 14.1 LC2040Inst 9.39 -0.04 6.6 34.5 Victory Portfolios I:
BondI 13.61 -0.04 3.6 -4.9 UnconstrBdI 10.43 0.01 3.9 4.5 USLrgCpCore n 30.82 -0.03 5.5 46.6
SmCpValInst 36.72 -0.13 2.4 56.0 JennGrowth 43.38 0.27 20.5 32.6 LCIdx2020Inst 17.93 -0.03 5.7 17.3 CAIT n 11.32 0.04 2.6 1.7 500Indx Reward n 52.83 -0.39 8.4 50.0
BondR6 13.64 -0.04 3.8 -4.6 MFS Funds: Value n 38.71 -0.54 0.4 59.2
Harding Loevner: JennUtility 14.51 -0.04 -1.5 33.2 LCIdx2025Inst 19.65 -0.03 6.1 21.0 DivdGro n 35.72 -0.25 1.5 52.3 CrnstModAggr n 24.61 -0.08 4.8 22.4
IntlGrwI 24.25 -0.02 8.1 22.5 IIE 32.01 0.02 13.8 50.4 Price Funds - Adv Cl:
EmgMktsAdv n 41.12 0.52 3.9 7.4 TotalReturnBond p 12.04 -0.02 3.7 -6.4 LCIdx2035Inst 22.99 -0.07 6.9 29.2 DivrEq n 38.96 -0.30 8.0 46.9 Gr&Inc n 19.88 -0.17 7.5 43.7
John Hancock Class 1: MFS Funds Class A: BlChip p 120.37 0.54 19.5 16.3 Energy nr 45.55 -1.15 -0.1 67.9
IntlEq 25.79 0.08 10.1 37.1 PGIM Funds Cl Z: LCIdx2040Inst 24.36 -0.07 7.4 34.1 Grwth n 27.55 -0.01 19.9 31.9
BlueChipGrw 39.33 0.18 19.7 17.2 AgGrAIA 26.20 -0.11 5.6 39.1 Growth p 70.81 0.19 18.8 19.8 EqInc n 39.32 -0.69 -2.0 52.8 Inco n 11.38 -0.05 3.4 -2.6
Hartford Funds A: HighYield 4.62 -0.02 3.9 14.9 R2030A p 22.92 -0.04 6.2 29.0 LCIdx2045Inst 25.22 -0.08 7.7 38.7
LSAggr 12.49 -0.08 5.8 40.5 CoEqyA 40.40 -0.37 6.4 44.7 Explr n 97.72 -0.72 4.6 45.0 IncStk n 17.15 -0.29 -0.7 48.8
BalIncA 13.78 -0.14 1.1 16.6 JennGrowth 49.14 0.30 20.6 33.8 Price Funds - R Cl: LrgCpGrIdxInst 42.84 0.05 15.6 47.3
LSBalncd 12.08 -0.06 5.2 25.0 GrowthA 137.87 0.11 12.6 25.2 FTAlWldInAdml n 34.01 0.15 9.1 38.1 IntmTerm n 12.52 0.03 2.4 3.6
CapAppA 34.80 -0.20 5.6 38.1 TotalReturnBond 12.00 -0.02 3.8 -5.5 LrgCpGrInst 19.13 0.00 18.8 34.5
LSGwth 12.42 -0.07 5.5 33.3 IntlVA 39.86 0.07 12.1 25.1 R2030R p 22.60 -0.04 6.1 28.0 GlbCapCyl Inv nr 12.33 0.12 7.3 91.6 LgTerm n 11.97 0.05 2.8 1.8
DiscpEqA 41.09 -0.27 6.2 42.6 PIMCO Fds Instl: LrgCpVl IdxInst 21.90 -0.38 0.8 50.9
LSModer 11.45 -0.04 4.7 16.8 MCapA 23.42 -0.09 6.0 22.4 PRIMECAP Odyssey Fds: GlbEq n 29.42 0.10 10.0 37.5 Nasdaq100 n 33.94 0.04 21.3 50.1
DivGth A 29.84 -0.29 2.2 56.2 LrgCpVl IdxRet 22.34 -0.39 0.7 49.8
John Hancock Funds A: MCapValA 27.28 -0.37 0.0 63.4 AllAsset 10.84 -0.02 3.8 31.1 AggGrowth r nr 39.29 0.28 8.4 33.5 GloMinVolFdAdm n 27.68 -0.14 2.9 25.3 ntTerBd n 9.23 -0.03 4.3 0.7
EqInc 19.75 -0.29 -1.4 53.1 LrgCpVl Inst 19.27 -0.30 1.2 56.1
BalA 23.69 -0.12 5.7 22.9 MIGA 35.77 -0.30 8.3 47.8 AllAssetAuth r 6.53 -0.01 3.9 25.6 Growth r nr 35.57 0.06 5.6 49.4 GNMA n 9.41 0.01 3.5 -8.6 S&PIdx n 52.79 -0.39 8.4 49.5
GrOppty 34.29 0.02 14.8 23.3 QuantSmCpEqInst 15.11 -0.17 -0.3 62.6
BondA p 13.61 -0.04 3.5 -5.7 MITA 33.82 -0.12 5.7 44.8 CommodtyRR 13.00 NA NA NA Stock r nr 33.43 0.10 4.7 61.9 GroInc n 51.36 -0.43 6.6 51.1 TarRet2040 n 11.39 -0.03 6.3 31.8
MidCap A 23.54 -0.09 4.1 23.9 RealSecInst 16.49 -0.04 2.7 21.6
LifeBal 12.20 -0.07 5.0 23.7 MuHiA 7.32 0.03 3.1 5.4 DivInc 9.20 -0.02 2.8 -0.2 Principal Investors: HlthCare nr 217.06 3.69 5.3 34.3 Virtus Equity Trust:
Hartford Funds C: S&P500IdxInst 45.35 -0.35 8.3 51.1
LifeGrw 12.50 -0.07 5.4 31.9 MuInA 8.13 0.03 3.2 3.2 EmMktsBd 8.02 -0.01 2.8 0.3 HYCor nr 5.23 -0.02 3.5 10.6
HiYld IN 8.00 -0.03 4.5 14.4 S&P500IdxRet 45.00 -0.35 8.2 49.9 SmCapSusI 30.71 NA NA NA
Bal IncC 13.53 -0.14 0.8 14.0 John Hancock Instl: ResBdA 9.54 -0.02 3.9 -5.2 HiYld 7.68 -0.04 4.2 10.1 InflaPro n 12.20 0.02 3.7 2.4
InfPro IN 7.96 0.01 3.8 2.8 SmCpBl IdxInst 20.14 -0.10 0.4 44.0 VirtusFunds:
Hartford Funds I: StratIncmOppI 9.85 -0.01 3.5 6.2 RschA 49.23 -0.33 5.7 40.7 HiYldMuniBd 8.35 0.02 3.8 7.4 IntlExplr n 16.81 0.11 11.0 30.1
LgIndxI 20.85 -0.17 8.3 50.5 SocChEqInst 23.34 -0.21 4.9 47.9 CeredexMdCpVlEqI 10.41 NA NA NA
BalIncI 13.78 -0.14 1.2 17.5 JPMorgan A Class: TotRA 18.60 -0.14 1.6 25.5 IntlBdUSH 9.52 0.01 3.3 -2.9 IntlGr n 31.58 0.12 11.0 31.6
LT2020 In 11.79 -0.04 4.9 17.8 Tortoise Capital: VirtusFunds Cl I:
DivGthI 29.64 -0.29 2.3 57.3 UtilA 23.02 0.01 2.2 42.9 InvGrdCrBd 8.88 -0.04 4.2 -4.9 IntlVal n 39.26 -0.10 9.8 47.6
CoreBond 10.41 0.00 4.1 -6.7 LT2030In 12.90 -0.07 5.7 25.5 TorMLPPipInsCl 12.99 -0.22 0.6 92.7 EmMktI 7.70 NA NA NA
EmrgMktEqInv 15.12 0.04 3.9 16.6 ValueA 46.90 -0.50 -0.9 46.1 LgTrmCrdtBd 9.02 -0.12 5.2 -12.7 ITIGrade n 8.57 -0.04 4.3 -5.0
CorePlusBd p 7.32 0.00 4.0 -5.3 LT2040I 14.30 -0.08 6.5 32.3 Touchstone Funds Gro: MulSStI 4.42 NA NA NA
EqIncI 19.58 -0.30 -1.3 54.1 MFS Funds Class I: LngDurTotRtrn 7.45 -0.08 5.7 -19.0 LifeCon n 20.04 -0.03 5.5 10.2
EqInc p 21.38 -0.39 -2.8 50.4 LT2050I 14.79 -0.09 6.9 36.9 Vivaldi Merger:
InterValue 16.59 -0.01 9.7 72.8 LowDur 9.17 0.03 2.2 -1.7 MdCpY 44.58 0.16 8.0 40.5 LifeGro n 38.63 -0.08 7.2 32.3
GwthAdv p 24.79 0.01 12.4 44.2 GrowthI 149.46 0.13 12.7 26.2 MdValI In 15.46 -0.18 0.3 70.9
IntlAlphaInv 16.19 0.05 12.4 49.9 LowDurInc r 7.81 0.03 2.5 10.1 Touchstone Strategic: LifeInc n 14.90 -0.01 4.6 0.3 Arbitrage Fund 10.75 -0.06 0.4 13.9
Inv Bal p 14.35 -0.04 5.1 22.0 MCapI 25.23 -0.10 6.1 23.3 MidCpBldA 32.34 0.03 7.8 43.4
MidCap 24.99 -0.09 4.2 24.8 ModDur 9.28 0.02 3.2 -3.1 LagCapFoc A p 52.50 -0.59 10.1 54.5 LifeMod n 29.18 -0.05 6.3 20.8 Voya Fds:
InvCon p 11.79 -0.03 4.2 11.2 MCapValI 28.12 -0.38 0.1 64.7 PreSecI 8.36 -0.17 -2.9 0.4
WorldBond 10.19 0.04 2.8 -0.5 MortgOppBd 9.44 0.02 2.7 4.5 Transamerica A: LTIGrade n 8.08 -0.12 5.2 -17.2 InmdBdI 8.79 NA NA NA
InvG&I p 16.81 -0.08 5.5 31.1 MIGI 37.26 -0.30 8.4 48.9 PtrLGI In 14.99 -0.04 14.2 26.2
Hartford HLS Fds IA: RealRtnI 10.24 0.02 3.4 3.7 AsAlModGr p 11.36 -0.03 5.8 27.8 MATxEx n 10.11 0.04 3.4 0.8
InvGrwt p 20.91 -0.12 6.3 42.5 ResBdI 9.54 -0.02 4.0 -4.8 PtrLV In 16.75 -0.30 -0.9 51.2
ShortT 9.48 0.00 1.6 4.5 Trust for Professional Ma:
MidCpGro pn 20.05 -0.15 6.5 20.5 WXYZ
Balanced 27.35 -0.31 4.1 30.3 LgCpGwth p 47.69 0.06 9.4 43.1 RschI 50.90 -0.33 5.8 41.8 RealEstSecI 26.26 0.01 4.7 30.1
ShtAssetInv 9.85 0.00 1.5 3.8 MuHY n 10.52 0.04 3.9 5.3
CapApp 41.86 -0.29 6.4 42.6 USEquity 18.39 -0.07 8.4 51.0 ValueI 47.22 -0.50 -0.8 47.2 SAMBalA p 14.15 -0.08 5.1 22.2 PrfTrtStrtBd Ins 19.63 -0.02 3.8 -0.9 Wasatch:
StksPLS 10.18 -0.07 8.4 47.0 MuInt n 13.59 0.04 2.7 2.6
DiscEqui 16.76 -0.12 6.2 44.0 ValAdv t 33.69 -0.60 -2.3 58.3 Morgan Stanley Inst: SAMGrA p 16.10 -0.10 5.9 31.2 Tweedy Browne Fds:
TotRetESG 7.70 0.01 3.5 -9.2 OHLTte n 11.61 0.05 3.3 0.7 CoreGr n 67.43 -1.30 4.3 37.8
Div&Grwth 22.55 -0.22 2.3 58.3 JPMorgan I Class: CapGrI 29.54 1.33 15.5 -16.4 Putnam Funds Class A: GblValue n 27.66 -0.17 8.6 41.0
TotRt 8.67 0.01 3.8 -7.4 Primcp nr 136.95 0.55 8.4 53.8 WCM:
Stock 96.92 -0.71 1.4 52.9 CoreBond 10.40 0.00 4.2 -6.0 CapGrP p 26.50 1.19 15.4 -17.1 DynAAGthA 16.65 -0.07 6.5 33.6
TrndsMgdFutStrgy 10.73 NA NA NA PrmcpCor n 28.75 0.07 5.8 57.2 FcusEmgMk Inst 12.90 -0.15 0.2 8.6
TotRetBd 9.63 0.01 3.9 -5.5 CorePlusBd 7.32 0.00 4.1 -4.4 GloFranI t 32.82 -0.24 9.0 32.9 PutLargCap p 28.55 -0.48 1.5 60.6 U SelValu nr 26.05 -0.31 4.3 88.8
PIMCO Funds A: WCM Focus Funds:
EmMktEq I 28.74 -0.20 2.9 11.8 MorganStanleyPathway: GlbHlthCare p 56.91 1.08 1.7 35.1 STAR n 25.81 -0.11 6.8 24.8
I EqInc 21.82 -0.39 -2.7 51.3 IncomeFd 10.49 0.04 3.4 8.6 UM Funds: WCMFocIntlGrwIns 21.79 -0.07 10.8 36.3
CoreFxIcm n 6.98 0.00 3.8 -8.5 GrOpp p p 44.28 0.20 16.6 35.9 STIGrade n 10.12 0.01 2.6 0.3
GrAdv r 26.24 0.02 12.5 45.3 LowDurInc 7.81 0.03 2.4 8.8 StDurInc 10.02 0.00 1.8 4.1 BehavVal 72.21 -2.48 -4.5 107.7 Western Asset:
IFP US Equity Fund: LgCapEq n 20.10 -0.15 7.5 43.9 StratgcEq n 30.82 -0.33 0.8 67.8
LgCapVal 17.89 -0.43 0.5 83.8 RealRtnA 10.24 0.02 3.3 2.5 SustainLdrsFd p 95.57 -0.09 8.1 41.6 CoreBondI 10.89 NA NA NA
Munder Funds: StrSmCpEqInv n 31.73 -0.32 0.3 72.6
IFP US EquityFd 18.49 -0.08 11.9 52.0 LgCpGwth 48.99 0.06 9.5 44.2 TotRetA 8.67 0.01 3.7 -8.4 Putnam Funds Class Y: V CoreBondIS 10.90 NA NA NA
TgtRe2020 n 26.75 -0.03 5.5 16.8
Invesco Fds Investor: MdCpGrw 40.02 -0.17 5.7 29.4 MndrIntlSmCpInv r 13.91 0.00 8.7 36.2 PIMCO Funds C: CorePlusBdA 9.61 NA NA NA
GrOpp Y 47.40 0.21 16.7 36.9 TgtRe2025 n 17.70 -0.02 6.1 20.7
DivrsDiv n 17.44 -0.31 0.1 47.0 MdCpVal 33.15 -0.44 -1.6 57.8 Mutual Series: IncomeFd 10.49 0.04 3.2 6.2 VALIC: CorePlusBdI 9.62 NA NA NA
PutLargCap 28.56 -0.48 1.6 61.8 TgtRe2030 n 33.42 -0.06 6.5 24.6
Invesco Funds A: MtgBckd 10.25 0.03 4.3 -3.7 BeacnZ 15.23 -0.17 6.0 44.2 PIMCO Funds I2: StDurInc 10.03 0.00 1.8 4.4 IntlEq 7.62 0.02 11.4 42.0 TgtRe2035 n 20.68 -0.04 6.9 29.0 CorePlusBdIS 9.61 NA NA NA
500InxA 43.74 -0.35 8.1 48.9 ShtDurBnd 10.63 0.03 2.5 1.6 GlbDiscA 28.40 -0.40 7.5 57.6 CommdtyRR 12.89 NA NA NA MidCpIdx 22.69 -0.27 1.6 58.6 TgtRe2040 n 36.44 -0.07 7.2 33.5 ManagedMuniA 14.95 0.04 3.3 5.6
ActiveAllA 12.55 -0.06 5.6 28.8 SmCap 50.75 -0.39 1.0 47.1 GlbDiscz 29.22 -0.41 7.5 58.8 ComPLUSStrtgyFd 6.30 -0.19 -5.6 147.0 R SciTech 18.86 -0.05 19.2 27.4 TgtRe2045 n 24.54 -0.05 7.5 38.1 SMAShCrPlCp n 6.37 0.01 3.7 -12.9
CapApprA p 52.51 -0.13 10.7 32.3 USEquity 18.48 -0.06 8.5 52.3 QuestZ 12.99 -0.32 0.2 26.3 Income 10.49 0.04 3.5 9.6 StckIdx 44.00 -0.35 8.2 50.0 TgtRe2050 n 40.71 -0.09 7.7 38.6 SmashSerM n 8.37 NA NA NA
Chart 15.96 -0.11 8.8 40.7 ValAdv 33.96 -0.61 -2.2 59.5 SharesZ 23.11 -0.40 1.1 42.7 IntlBdUSH 9.52 0.01 3.3 -3.2 RiverNorth Funds: VANGUARD ADMIRAL: TgtRe2060 n 41.83 -0.09 7.7 38.6 Wm Blair Funds Cl I:
CmstA 26.24 -0.47 -0.4 80.9 JPMorgan Inst Class: Natixis Funds: InvstGrCrBd 8.88 -0.04 4.1 -5.2 RNDLIncomeI 8.58 NA NA NA 400MCpIdxInst331.39 -3.89 1.8 59.8 TgtRet2055 n 45.42 -0.10 7.7 38.5 SmMidI r 27.19 0.03 4.9 27.4
May 8, 2023 BARRON’S 49

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

DJ Half-Hourly Averages Trading Diary


The Dow Jones Averages Dow Jones 30 Industrial (divisor: 0.15172752595384)
Daily
Open (t)
Open (a)
10:00
May 1
34126.50
34116.81
34152.57
2
33995.35
34017.62
33899.33
3
33719.26
33726.64
33722.72
4
33331.99
33347.78
33169.13
5
33418.66
33248.55
33555.19
Market Advance/Decline Volumes
Daily
NY Up
NY Off
May 1
352,122
433,674
NY Up - Comp. 1,483,166
146,444
2

817,926
739,997
3
341,208 340,816 827,963
644,144 724,704 91,824
1,476,745 1,617,486 3,710,308
4 5

NY Off - Comp. 1,808,304 3,717,546 2,714,997 3,280,174 449,425


10:30 34166.52 33654.60 33687.35 33024.34 33576.25 NYSE Amer UP 2,786 3,099 7,154 4,705 6,730

Industrials 11:00
11:30
34215.58
34150.67
33529.41
33480.79
33646.56
33618.19
33066.31
33059.45
33562.10
33565.52
NYSE Amer Off
NASD Up
5,394
2,459,008
5,611
1,893,178
3,694 3,899 1,914
2,314,719 2,092,882 3,680,590
35225 12:00 34163.94 33516.94 33675.16 32988.02 33528.72 NASD Off 2,684,727 3,515,736 3,407,381 2,608,712 866,200
12:30 34197.24 33549.33 33695.22 33067.47 33524.80 NYSE Arca UP 63,831 85,521 117,305 140,430 210,531
Week's NYSE Arca Off 170,570 257,105 204,531 223,181 60,116
Components Change 1:00 34217.11 33575.05 33725.36 33093.26 33538.21
1:30 34171.09 33606.27 33746.78 33154.60 33561.77 % (QCHA) –.12 –1.62 –.32 –1.37 +2.07
3M -2.87 % (QACH) –.32 +.38 +.94 –.29 +1.88
2:00 34168.05 33650.40 33724.84 33114.28 33582.28
American Express -8.69 34650 2:30 34134.94 33614.11 33733.87 33068.94 33639.41
% (QCHAQ) +.53 –1.34 +.51 –.47 +1.91
Amgen -3.21 3:00 34088.75 33666.13 33687.18 33103.39 33719.10 Market Advance/Decline Totals
Apple 3.89 3:30 34068.65 33700.67 33447.49 33111.47 33696.41 NYSE NYSE
Boeing -8.44 Weekly Comp. NYSE Amer Nasdaq Arca
Close 34051.70 33684.53 33414.24 33127.74 33674.38
Total Issues 3,206 343 5,055 1,977
Caterpillar -3.71 34075 High (t) 34374.45 34084.16 33945.09 33486.74 33810.18 Advances 1,110 172 2,286 729
Chevron -8.37 Low (t) 33913.89 33368.40 33335.22 32850.27 33284.96 Declines 2,042 161 2,633 1,214
Cisco Systems -1.00 High (a) 34257.83 34017.75 33811.84 33354.86 33748.43 Unchanged 54 10 136 34
Coca-Cola -0.13 Low (a) 34030.14 33436.66 33396.05 32937.50 33248.55 New Highs 187 14 276 146
Disney -1.98 Change –46.46 –367.17 –270.29 –286.50 +546.64 New Lows 358 36 784 96
Dow 0.01 33500 Week ended last Friday compared to previous Friday
Goldman Sachs -16.42 Theoretical (t): High 34374.45 Low 32850.27
Home Depot -10.92 Actual (a): High 34257.83 Low 32937.50 NYSE Composite Daily Breadth
Honeywell International -1.42 Daily May 1 2 3 4 5
IBM -2.76 32925 Issues Traded 3,096 3,094 3,095 3,065 3,073
Intel -0.07 Dow Jones 20 Transport (divisor: 0.16343894576034) Advances 1,212 603 1,130 868 2,549
Johnson & Johnson -1.02 Declines 1,776 2,398 1,841 2,108 438
Open (t) 14036.13 14059.62 14015.20 13938.48 13976.78 Unchanged 108 93 124 89 86
JPMorgan Chase -1.50 Open (a) 14016.30 14100.25 14000.43 13976.69 13918.35 New Highs 83 41 79 38 48
McDonald's 0.85
Merck 2.21 32350 10:00 14119.69 13965.41 14050.35 13868.89 14097.87 New Lows 35 152 104 258 49
10:30 14141.09 13835.26 14101.49 13854.50 14039.34 Blocks - primary 3,934 4,515 4,349 4,793 4,727
Microsoft 3.39 Total (000) - primary 792,214 969,771 996,297 1,070,277 925,736
11:00 14103.33 13852.76 14104.44 13799.62 14003.01
Nike Cl B -0.13 Total (000) 3,321,377 4,486,131 4,246,517 4,920,099 4,186,270
11:30 14081.82 13827.20 14095.54 13849.24 14037.46
Procter & Gamble -0.35
12:00 14100.21 13900.40 14113.99 13832.61 14047.66 NYSE American Composite
Salesforce -0.78 31775 12:30 14137.20 13866.65 14103.56 13769.18 14061.35 Daily May 1 2 3 4 5
Travelers Cos 1.16
1:00 14193.33 13883.36 14105.77 13822.15 14065.10 Issues Traded 308 315 319 313 320
UnitedHealth Group 2.19
1:30 14187.40 13931.59 14125.06 13848.06 14087.49 Advances 120 131 134 152 211
Verizon Communications -1.00
2:00 14162.61 13976.49 14125.95 13860.70 14105.51 Declines 166 164 170 142 89
Visa Cl A -0.95
Walgreens Boots Alliance -3.08 31200 2:30 14162.80 13943.82 14145.33 13873.74 14118.34 Unchanged 22 20 15 19 20
3:00 14178.01 13951.66 14164.46 13834.40 14162.51 New Highs 3 2 7 3 8
Walmart 0.80 November December January February March April May New Lows 6 19 14 17 4
3:30 14164.57 14013.88 14086.70 13845.45 14172.75
Blocks - primary 82 90 119 110 98
Close 14162.90 13986.32 14008.81 13828.59 14123.13
Total (000) - primary 8,938 9,241 11,240 8,885 9,102
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

High (t) 14273.40 14109.55 14244.34 14027.75 14224.21 Total (000) 119,385 135,638 175,583 133,918 104,719
Transportation Low (t)
High (a)
13962.06 13746.57 13926.18 13722.28
14200.83 14100.25 14218.03 13998.07
13926.24
14199.16 Nasdaq
16025 Low (a) 14016.30 13794.05 14000.43 13761.66 13918.35 Daily May 1 2 3 4 5
Week's Change +141.03 –176.58 +22.49 –180.22 +294.54 Issues Traded 4,596 4,624 4,566 4,601 4,583
Components Change Advances 2,048 1,281 2,180 1,745 3,221
15600 Theoretical (t): High 14273.40 Low 13722.28 Declines 2,388 3,127 2,186 2,662 1,180
Alaska Air Group -0.30 Actual (a): High 14218.03 Low 13761.66 Unchanged 160 216 200 194 182
American Airlines Group 0.23 New Highs 103 62 78 60 99
Avis Budget Group -9.20
15175 New Lows 198 442 281 476 135
CH Robinson Worldwide 3.63 Dow Jones 15 Utilities (divisor: 1.27924906167720) Blocks - primary 46,644 44,570 51,675 26,304 25,790
CSX 1.22 14750 Total (000) 5,168,439 5,501,415 5,782,162 4,745,781 4,574,791
Open (t) 958.10 960.99 954.97 949.31 952.89
Delta Air -0.37 NYSE Arca Composite
Open (a) 958.52 960.09 954.49 947.25 953.68
Expeditors Intl of Wash 3.83 Daily May 1 2 3 4 5
14325 10:00 958.83 958.00 951.56 944.25 959.42
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

FedEx 1.52 Issues Traded 1,740 1,765 1,741 1,754 1,751


10:30 961.21 957.51 947.87 947.32 959.86
JB Hunt Transport 3.83 Advances 639 421 687 594 1,412
11:00 962.58 953.34 946.77 952.54 960.48
JetBlue Airways -0.12 13900 11:30 967.68 947.61 947.62 953.97 958.10
Declines 1,073 1,330 1,040 1,147 334
Kirby Corp 0.26 Unchanged 28 14 14 13 5
Landstar System 4.78 12:00 970.59 947.61 950.86 951.17 957.19 New Highs 67 2 8 23 46
Matson -0.56 13475 12:30 968.06 947.07 953.20 952.79 958.95 New Lows 10 26 26 58 13
Norfolk Southern 5.69 1:00 969.34 949.18 954.08 954.89 956.38 Blocks - primary 1,060 1,434 1,426 1,554 1,166
Old Dominion Freight -3.42 1:30 968.86 948.08 957.88 957.89 957.99 Total (000) - primary 236,889 347,035 323,204 365,510 270,668
13050 2:00 967.62 946.33 958.85 956.91 960.31 Total (000) 1,364,472 1,840,814 1,710,866 1,992,792 1,493,915
Ryder System 3.69
Southwest Airlines -0.63 2:30 968.85 944.14 955.95 956.94 960.26
12625 3:00 964.67 948.39 955.11 954.29 961.29
Union Pacific
United Airlines
5.53
1.01 3:30
Close
963.27
960.77 948.54
952.05 951.02
945.73
955.44
955.82
960.75
962.27
Other Market Indexes
United Parcel Service B -4.07
12200 High (t) 971.64 964.20 960.86 961.28 966.42
Daily 5/01 5/02 5/03 5/04 5/05

November December January February March April May Low (t) 954.95 942.20 943.79 940.29 950.11 NYSE Amer Comp 4173.10 4038.06 3934.30 3914.13 4023.65
High (a) 970.64 962.11 958.89 959.86 963.41 AmMajorMkt 3138.46 3100.34 3076.20 3049.86 3094.13

Utilities Low (a)


Change
957.06
+1.16
942.60
–12.23
944.91
–2.81
941.85
+10.09
952.04
+6.45
BNY ADR Idx
Europe
151.40
151.74
149.61 149.58 149.23
150.24 150.17 149.34
151.90
151.93
1040 Latin Am 182.77 180.22 180.60 179.74 185.85
Theoretical (t): High 971.64 Low 940.29 Asia 166.14 163.47 163.44 163.96 166.77
Week's
Change Actual (a): High 970.64 Low 941.85 Emerg M 275.22 271.01 270.72 272.26 275.89
Components
DJ US TSM Float41501.73 40982.31 40737.27 40425.87 41193.76
AES -0.99 Nasdaq Cmp 12212.60 12080.51 12025.33 11966.40 12235.41
American Elec Power -0.31 1000 Dow Jones 65 Composite (divisor: 0.77130165331605)
100 Index 13231.47 13113.66 13030.21 12982.48 13259.13
American Water Works 0.18 Indus. 8123.57 8077.54 8043.04 8013.30 8178.41
Open (t) 11276.56 11260.52 11186.83 11085.00 11116.09 Insur. 11686.65 11485.53 11477.07 11328.08 11541.98
Atmos Energy 3.42
Open (a) 11271.15 11272.02 11184.35 11092.79 11073.41 Banks 2937.58 2782.19 2753.00 2658.90 2781.34
Consolidated Edison 1.02
10:00 11300.88 11209.48 11199.69 11030.65 11174.78 Computer 9934.70 9834.96 9768.55 9720.38 9962.40
Dominion Energy -0.65
Duke Energy 0.48 960 10:30 11309.62 11132.08 11198.51 10993.37 11167.11 Telecom 392.30 385.06 382.81 380.39 384.15
11:00 11324.99 11107.66 11180.16 11007.31 11161.15 NYSE Comp.-z 15535.89 15314.57 15233.85 15117.67 15380.87
Edison International -0.04
11:30 11306.98 11085.77 11177.56 11012.67 11167.19 Financial-z 8664.17 8480.69 8408.71 8321.68 8524.64
Exelon 0.41 Health Care-z23539.48 23469.11 23486.94 23260.37 23455.60
FirstEnergy -0.10 12:00 11316.76 11108.48 11194.44 10991.33 11164.19
Energy-z 12753.53 12209.48 12020.42 11973.42 12349.95
12:30 11335.35 11114.73 11198.49 11022.14 11167.44
NextEra Energy -1.12 920 1:00 11342.90 11125.14 11215.55 11032.45 11166.53
Russell 1000 2278.51 2251.14 2236.42 2219.93 2261.25
Public Svc Enterprise 0.62 2000 1769.21 1732.11 1739.28 1718.81 1759.88
Sempra -0.57 1:30 11327.35 11137.33 11226.25 11048.67 11181.13 3000 2388.68 2358.79 2344.75 2326.89 2370.88
Southern 1.39 2:00 11333.97 11157.61 11214.92 11037.75 11186.32 Value-v 1523.13 1499.80 1487.94 1473.47 1497.49
Xcel Energy -0.34 2:30 11322.22 11140.23 11223.21 11021.16 11207.82 Growth-v 2484.47 2462.40 2449.45 2436.81 2487.43
880 3:00 11307.84 11163.25 11216.41 11031.82 11233.57 MidCap 2781.81 2738.36 2725.50 2699.57 2748.30
3:30 11300.68 11176.87 11131.22 11029.12 11222.14 S&P 100 Index 1912.23 1892.33 1879.14 1866.02 1902.38
Close 11293.14 11163.21 11110.15 11032.32 11212.97 500 4167.87 4119.58 4090.75 4061.22 4136.25
High (t) 11398.07 11293.90 11289.57 11154.21 11267.99 Ind. 5900.02 5844.23 5806.30 5763.64 5867.79
Low (t) 11213.82 11039.70 11073.86 10929.45 11074.48 MidCap 2490.11 2454.56 2451.72 2410.22 2461.10
840 High (a) 11354.24 11272.02 11251.37 11093.86 11243.78 SmallCap 1147.14 1125.75 1126.02 1112.45 1138.97
November December January February March April May Low (a) 11271.15 11071.56 11105.30 10975.73 11073.41 Value Line(A) 8924.80 8777.60 8750.67 8633.12 8816.42
Value Line(G) 550.29 540.98 539.14 531.35 542.36
Note: Theoretical highs and lows are shown. A red chart indicates a lower price than the starting period. Green means it's higher than the starting period. Change +22.67 –129.93 –53.06 –77.83 +180.65
DJ US Small TSM12237.61 11997.98 12017.91 11856.44 12134.91
Theoretical (t): High 11398.07 Low 10929.45 (A)-Arithmetic Index. (G)-Geometric Index.
Actual (a): High 11354.24 Low 10975.73 (v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec. 31,2002=5000.
50 BARRON’S May 8, 2023

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

The Week In Stocks For the Major Indexes


12-Month Weekly Friday Weekly 12-Month Change From
Indexes’ P/Es & Yields
DJ latest 52-week earnings and dividends adjusted by Dow Divisors
Stock Volume
at Friday's close. S&P Dec. 4-quarter's GAAP earnings as reported Last Week Prev. Week Year Ago YOY % Chg
High Low High Low Close Chg. % Chg. Chg. % Chg. 12/30 % Chg. and indicated dividends based on Friday close.S&P 500 P/E ratios
based on GAAP earnings as reported. For additional earnings NYSE(a) 4,754,295 4,314,727 5,321,741 -10.66
Dow Jones Indexes series, please refer to www.spglobal.com. DJ latest available book 30 Dow Inds (b) 1,448,604 1,594,062 2,096,741 -30.91
34589.77 28725.51 30 Indus 34051.70 33127.74 33674.38 –423.78 –1.24 775.01 2.36 527.13 1.59 values for FY 2021 and 2020, and S&P latest for 2022 and 2021. r- 20 Dow Trans (b) 421,926 542,091 548,852 -23.13
15640.70 11999.40 20 Transp 14162.90 13828.59 14123.13 101.26 0.72 –777.72 –5.22 731.22 5.46 Revised data 15 Dow Utils (b) 269,981 217,025 293,902 -8.14
1061.77 838.99 15 Utilities 962.27 945.73 962.27 2.66 0.28 –44.89 –4.46 –5.13 –0.53 65 Dow Stks (b) 2,140,512 2,353,178 2,939,495 -27.18
NYSE American (a) 47,406 55,720 81,143 -41.58
11689.14 9679.49 65 Comp 11293.14 11032.32 11212.97 –57.50 –0.51 –86.80 –0.77 250.14 2.28 Last Week Prev. Week Last Year Nasdaq(d) 25,772,588 25,527,141 25,480,179 1.15
Dow Jones Indexes
43441.80 36056.21 US TSM Float 41501.73 40425.87 41193.76 –317.90 –0.77 –239.46 –0.58 2673.16 6.94 DJ Ind Avg 33674.38 34098.16 32899.37 NYSE 15 Most Active
1056.61 876.95 US Market 1014.41 988.31 1006.80 –7.90 –0.78 –2.47 –0.25 68.97 7.35 P/E Ratio 22.08 22.36 18.84 Average Price 20.53 15.22 21.47 -4.38
Earns Yield % 4.53 4.47 5.31 % Tot Vol 14.46 16.43 14.32 0.98
709.84 528.30 Internet 644.54 627.77 637.71 –10.72 –1.65 –31.42 –4.70 76.98 13.73 Stock Offerings $(z,v) 5,122,700 r240,400 1,296,000 295.27
New York Stock Exchange Earns $ 1525.04 1525.04 1746.57
Divs Yield % 2.08 2.06 1.97
16122.58 13472.18 Comp-z 15535.89 15117.67 15380.87 –165.00 –1.06 –185.68 –1.19 196.56 1.29 Daily Stock Volume 5/1 5/2 5/3 5/4 5/5
Divs $ 700.37 701.89 647.31
9504.73 7655.99 Financial-z 8664.17 8321.68 8524.64 –175.18 –2.01 –515.09 –5.70 –144.13 –1.66 NYSE(a) 792,214 969,771 996,297 1,070,277 925,736
Mkt to Book 4.53 4.58 5.03
23941.25 20936.55 Health Care-z 23539.48 23260.37 23455.60 59.88 0.26 569.53 2.49 15.76 0.07 30 Inds (b) 244,196.5 275,727.6 292,784.4 317,322.8 318,573.1
Book Value $ 7439.45 7439.45 6543.35 20 Trans (b) 89,227.7 83,908.6 83,966.3 90,613.4 74,210.0
14030.84 10452.57 Energy-z 12753.53 11973.42 12349.95 –545.33 –4.23 –404.21 –3.17 –701.94 –5.38
DJ Trans Avg 14123.13 14021.87 14900.85 15 Utils (b) 56,834.7 61,219.2 49,253.7 53,768.0 48,905.7
NYSE American Stock Exchange
P/E Ratio 11.47 10.86 14.83 65 Stks (b) 390,258.9 420,855.5 426,004.5 461,704.1 441,688.8
4688.00 3582.25 NYSE Amer Comp 4173.10 3914.13 4023.65 –175.85 –4.19 –260.47 –6.08 –111.69 –2.70 Earns Yield % 8.72 9.21 6.74 NYSE Amer(a) 8,938 9,241 11,240 8,885 9,102
3142.38 2510.61 Major Mkt 3138.46 3049.86 3094.13 -48.24 –1.54 153.64 5.22 156.10 5.31 Earns $ 1231.22 1291.61 1004.96 Nasd(d) 5,168,439 5,501,415 5,782,162 4,745,781 4,574,791
Standard & Poor's Indexes Divs Yield % 1.43 1.43 1.11 NYSE 15 Most Active
1966.75 1615.09 100 Index 1912.23 1866.02 1902.38 –10.74 –0.56 24.24 1.29 193.21 11.30 Divs $ 201.36 201.05 165.38 Avg. Price 17.49 15.63 15.38 22.71 15.69
4305.20 3577.03 500 Index 4167.87 4061.22 4136.25 –33.23 –0.80 12.91 0.31 296.75 7.73 Mkt to Book 4.39 4.36 5.04 % Tot Vol 15.40 16.37 14.41 18.50 16.00
5998.87 4996.32 Indus 5900.02 5763.64 5867.79 –32.96 –0.56 132.26 2.31 555.48 10.46 Book Value $ 3214.72 3214.72 2957.33 Numbers in thousands save price and percentages. (a) Primary volume. (b) Composite volume. (d) as of 4:10 pm.
2726.61 2200.75 MidCap 2490.11 2410.22 2461.10 –29.30 –1.18 –19.85 –0.80 30.72 1.26 DJ Utility Avg 962.27 959.61 1007.16 (r) Revised. (v) W/E Thursday. (z) Source: Refinitiv.
1315.82 1064.45 SmallCap 1147.14 1112.45 1138.97 –9.20 –0.80 –69.78 –5.77 –18.56 –1.60 P/E Ratio 23.29 25.78 29.47
Nasdaq Stock Market Earns Yield % 4.29 3.88 3.39
13128.05 10213.29 Comp 12235.41 11966.40 12235.41 8.83 0.07 90.75 0.75 1768.93 16.90 Earns $ 41.32 37.22 34.17
13667.18 10679.34
9741.81 7178.71
100 Index
Indus
13259.13
8178.41
12982.48
8013.30
13259.13
8178.41
13.14
–16.30
0.10
–0.20
565.60
–531.25
4.46
–6.10
2319.37
830.74
21.20
11.31
Divs Yield %
Divs $
3.11
29.90
3.12
29.90
2.84
28.64
NYSE HALF-HOURLY VOLUME
12643.69 9622.71 Insur 11686.65 11328.08 11541.98 –66.16 –0.57 929.27 8.76 –99.91 –0.86 Mkt to Book 2.21 2.20 2.57 Daily 5/01 5/02 5/03 5/04 5/05
4613.89 2658.90 Banks 2937.58 2658.90 2781.34 –218.77 –7.29 –1501.55 –35.06 –1263.61 –31.24 Book Value $ 435.47 435.47 392.45
10064.25 7416.59 Computer 9962.40 9720.38 9962.40 46.12 0.47 493.23 5.21 2155.44 27.61 S&P 500 Index 4136.25 4169.48 4123.34 9:30-10:00 85,194 101,969 94,985 127,996 119,541
417.06 329.24 Telecom 392.30 380.39 384.15 –8.09 –2.06 –18.00 –4.48 12.69 3.42 P/E Ratio 23.94 24.14 20.84 10:00-10:30 34,001 62,411 41,057 65,781 52,324
Russell Indexes Earns Yield % 4.18 4.14 4.80 10:30-11:00 28,085 55,089 37,589 66,853 43,340
2371.04 1969.25 1000 2278.51 2219.93 2261.25 –17.91 –0.79 –3.89 –0.17 155.35 7.38 Earns $ 172.75 172.75 197.87
11:00-11:30 33,292 48,680 33,081 48,014 38,375
2021.35 1649.84 2000 1769.21 1718.81 1759.88 –9.11 –0.51 –79.69 –4.33 –1.37 –0.08 Divs Yield % 1.68 1.67 1.55
Divs $ 69.49 69.63 63.91 11:30-12:00 24,013 44,326 31,124 41,569 32,328
2499.11 2076.07 3000 2388.68 2326.89 2370.88 –18.42 –0.77 –9.69 –0.41 153.74 6.93
1592.73 1339.62 Value-v 1523.13 1473.47 1497.49 –26.40 –1.73 –53.09 –3.42 0.38 0.03 Mkt to Book 4.04 4.07 4.09 12:00-12:30 20,985 33,724 23,363 39,603 29,960
2588.53 2082.30 Growth-v 2487.43 2436.81 2487.43 2.76 0.11 74.79 3.10 329.24 15.26 Book Value $ 1024.56 1024.56 1008.02 12:30-1:00 23,313 29,374 21,656 53,042 29,367
3001.83 2481.47 MidCap 2781.81 2699.57 2748.30 –33.58 –1.21 –100.38 –3.52 47.63 1.76 S&P Ind Index 5867.79 5900.75 5735.53
1:00-1:30 22,932 27,908 23,868 37,449 26,144
Others P/E Ratio 25.27 25.41 23.87
Earns Yield % 3.96 3.93 4.19 1:30-2:00 22,632 29,091 28,564 36,622 27,418
9697.62 7679.59 Value Line-a 8924.80 8633.12 8816.42 –106.34 –1.19 51.98 0.59 286.39 3.36
Earns $ 232.18 232.18 240.29 2:00-2:30 22,931 29,618 38,966 34,578 28,733
606.49 491.56 Value Line-g 550.29 531.35 542.36 –7.88 –1.43 –35.51 –6.14 6.01 1.12
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

13782.03 11195.10 DJ US Small TSM 12237.61 11856.44 12134.91 –103.49 –0.85 –499.67 –3.95 83.80 0.70 Divs Yield % 1.51 1.50 1.39 2:30-3:00 27,588 30,674 64,159 35,322 33,764
933.75 760.10 Barron's Future Focus 873.10 852.41 868.90 –3.03 –0.35 1.14 0.13 56.73 6.99 Divs $ 88.60 88.51 79.72 3:00-3:30 30,492 39,412 64,894 43,126 36,261
Mkt to Book 5.35 5.38 5.50
1023.20 825.73 Barron's 400 917.12 881.58 903.58 –13.86 –1.51 –49.16 –5.16 –16.81 –1.83 3:30-4:00 416,757 437,497 492,989 440,322 428,180
Book Value $ 1095.83 1095.83 1042.07
High/Low's are based upon the daily closing index. a-Arithmetic Index. G-Geometric Index. V-Value 1000 and Growth 1000 y-Dec. 31,1965=50 z-Dec. 31,2002=5000

Selected IPOs
U.S. Dollar Index vs Euro and Yen Per Share Values of Stocks Ticker Initial Offer Price IPO Date Recent Price %Chg
Easing Money: As regional bank stocks were buffeted, and recession worries swirled, the Fed said it
might pause after the latest rate hike. Measuring the greenback against a basket of six currencies, the ICE In the Dow Jones Averages ACELYRIN
Kenvue
SLRN
KVUE
18.00
22.00
5/5
5/4
23.50
26.50
30.6%
20.5%
U.S. Dollar Index edged down 0.4% on the week, to 101.28. This is a list of the Dow Jones trailing 52-week diluted share
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

earnings, dividends and book values as reported by the company.


20 Bolded numbers indicate new values. Sources Barron's Stats and
FactSet.
DXY (101.28) Industrial Stocks
15
s
10
Book Book
Investor Sentiment Readings New Listings
Earns Divs. Value Earns Divs. Value
EURO in $ s NYSE
Am Exp 9.51 2.16 29.14 Johnson&John 4.78 4.52 28.16 High bullish readings in the Consensus stock index or in the Market
5 Vane stock index usually are signs of Market tops; low ones, market Kenvue (KVUE)
Amgen 14.71 7.95 12.00 JPMorgChase 13.55 4.00 88.07 bottoms.
Apple 5.89 0.92 3.84 McDonalds 9.44 5.80 (6.17) Last Week 2 Weeks Ago 3 Weeks Ago NYSE American
0 Boeing (6.92) Suspended (25.47) Merck Co 5.12 2.84 15.11
Caterpillar 13.53 4.80 30.76 Microsoft 9.23 2.60 22.31 None
Consensus Index
-5 Chevron Corp 18.52 5.77 72.06 Nike Inc 3.47 1.29 9.73 Nasdaq
Cisco Sys 2.73 1.53 9.79 Proc Gam 5.11 3.6806 19.11 Consensus Bullish Sentiment 59% 58% 59%
-10 Coca Cola 2.28 1.78 5.32 3M Co 9.65 5.97 26.31 ACELYRIN (SLRN)
Disney Walt 1.82 0.00 48.71 Salesforce.com 0.21 0.00 58.78 AAII Index Techprecision (TPCS)
s
-15 Dow 4.00 2.80 24.71 Travelers Cos 11.73 3.72 119.76
YEN in $ Bullish 24.1% 24.1% 27.2%
Trading
Goldman Sachs 28.09 9.50 297.50 UnitedHealthGrp 21.87 6.40 76.26
-20 Home Depot 16.68 7.79 (1.64) Verizon 5.14 2.5975 19.48
Bearish 44.9 38.5 35.1
Honeywell 7.70 4.00 27.12 Visa 7.54 1.575 16.32
M J J A S O N D J F M A IBM
Intel
7.15
(0.68)
6.59 21.05
1.22 23.44
Walgreens (3.65) 1.9175 27.06
Wal-mart 4.28 2.26 30.15
Neutral 31.0 37.4 37.7
Suspended
Source: Tullett Prebon Market Vane NYSE
Transportation Stocks Banco Santander Mex (BSMX)
Bullish Consensus 39% 38% 40% First Republic Bank (FRC)
Maxar Technologies (MAXR)
AlaskaAirGroup 0.46 Suspended 30.19 Kirby Corp 2.42 Nil 48.02 TIM Group Market Sentiment Oak Street Health (OSH)

Coming U.S. Auctions 144 Filings AmericanAirlines 2.53 Suspended (11.33)


AvisBudgetGrp 55.20 Nil (3.93)
Landstar Sys
Matson Inc
10.58
19.42
1.20 22.87
1.22 40.67 Indicator 45.5% 48.7% 43.9%
NYSE American
None
C.H. Robinson 6.21 2.32 15.65 Norf Southern 13.01 5.07 56.80 Nasdaq
SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to Sources: Consensus Inc.; American Association of
Yields (%) CSX Corp 2.03 0.41 6.13 Old Dominion 12.16 1.30 32.00
sell shares. Shares Indicated: the number to be sold. Sales Date: the approximate date of the sale. Bed Bath & Beyond (BBBY)
(Sometimes shares aren't sold, even though their owner has filed a Form144.) Source: Thomson Delta Air Lines 2.95 Suspended 6.07 Ryder Sys 16.65 2.44 52.02 Individual Investors; Market Vane; TIM Group Jounce Therapeutics (JNCE)
Monday When Issued* Last Auction
Reuters Expeditors Int'l 7.64 1.34 20.90 Southwest Air 1.00 Nil 17.59 Limestone Bancorp (LMST)
$57.0 bil 3-month 5.277 5.120 FedEx 11.58 4.60 95.98 Un Pacific 11.32 5.08 22.17 Orion Biotech (ORIA)
Shares Sale Hunt (JB) 8.80 1.62 29.67 UPS 12.36 6.18 16.38
$48.0 bil 6-month 5.073 4.900 Title

Tuesday
Company
Utz Brands
Sym
UTZ
Indicated $ Value
678,147 12,776,289
Date
5/1/23
Seller
Deromedi, Roger D
JetBlue Air (0.91) Nil 12.03 United Airlines 5.82 Nil 15.53
Arms Index Name
$40.0 bil 3-year 3.645 3.810
Taylor Morrison Home
Qualtrics International
TMHC 552,000 23,161,920 4/27/23
XM 547,298 9,802,107 5/2/23
Lyon, William
Smith, Ryan
AF
OD
Utility Stocks The Arms index, also known as the short term trading index,
is a number derived by dividing one quotient into another
quotient. The numerator in the index is the number of
Changes
advancing stocks divided by the number of declining stocks. NYSE
Qualtrics International XM 450,000 8,059,500 5/2/23 Serafin, Zig OD AES Corp. (0.29) 0.6478 2.96 Exelon 2.25 1.3725 35.13
Wednesday As of 3/14/11, the denominator in the index is now the Banco Itau Chile (ITCL),
Am Elec 3.87 3.15 44.49 FirstEnergy 0.57 1.56 15.21 composite volume of advancing stocks divided by the
Costar CSGP 360,530 27,677,708 4/28/23 Florance, Andrew OD composite volume of declining stocks. formerly Itau CorpBanca
$35.0 bil 10-year 3.458 3.455 AmericanWaterWorks 4.55 2.5675 40.18 NextEra Energy 3.36 1.7425 18.95 (ITCB)
Airbnb ABNB 350,000 39,729,650 4/27/23 Gebbia, Joseph D Atmos Energy 5.82 2.84 59.71 Xcel Energy 3.23 1.9825 28.70 Daily 5/1 5/2 5/3 5/4 5/5 NYSE American
Thursday Coca-Cola KO 150,000 9,492,000 4/27/23 Quincey, James O Con Ed 7.04 3.18 56.60 Pub Sv Ent 4.64 2.19 28.65
DominionEnergy 1.43 2.67 31.51 Sempra Energy 7.76 4.625 79.17 None
Bruker BRKR 148,230 12,008,809 4/24/23 Laukien, Frank CEO NYSE .83 1.26 1.13 .84 .70
$21.0 bil 30-year 3.773 3.661 Duke Energy 3.32 4.00 61.55 Southn Co. 3.11 2.72 25.36 Nasdaq
Merck & Co MRK 143,329 16,472,845 4/28/23 Davis, Robert O NYSE American 1.17 .94 .30 .88 .74
Edison Int'l 2.20 2.875 36.57 Qifu Technology (QFIN),
* As of Friday afternoon. Church & Dwight CHD 142,120 13,806,958 5/1/23 Farrell, Matthew O Nasdaq .94 .76 1.47 .82 .64 formerly 360 DigiTech
May 8, 2023 BARRON’S 51

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Dow Jones U.S. Total Market Industry Groups CBOE Put / Call Ratio Foreign Exchange
Foreign
Currency
Foreign
Currency
U.S. $ in
Foreign
U.S. $ in
Foreign

Net Change % Change and Ranking 52 Week


vs. S&P 100 Country
in U.S.$
Fri.
in U.S.$
Last Fri.
Currency
Fri.
Currency
Last Fri.
Top 20 Weekly Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Readings in the CBOE equity put-call ratio of 60:100 and in the Argentina (Peso)-y .0044 .0045 226.2712 222.6248
S&P 100 of 125:100 are considered bullish, for instance. Bearish Australia (Dollar) .6749 .6615 1.4817 1.5117
Hotel & Lodging REITs DJUSHL 93.33 + 8.36 8.99 +9.83 [1] –8.93 [102] +10.65 [26] +21.63 109.79 78.09 signals flash when the equity put-call level reaches the vicinity of Bahrain (Dinar) 2.6529 2.6518 .3769 .3771
Recreational Svcs DJUSRQ 75.21 + 4.95 14.54 +7.04 [2] –13.83 [120] +23.96 [9] +11.71 84.19 54.07 30:100 and the index ratio hits 75:100. Brazil (Real) .2019 .2005 4.9519 4.9882
Brewers DJUSDB 658.14 + 41.30 101.50 +6.70 [3] +12.78 [10] +18.23 [14] +9.50 660.11 519.86 Bulgaria (Lev) .5627 .5633 1.7770 1.7752
Gold Mining DJUSPM 116.71 + 4.01 7.55 +3.56 [4] –27.46 [132] +6.91 [43] –7.16 161.52 86.97 S&P 100 CBOE Canada (Dollar) .7476 .7381 1.3376 1.3548
Travel & Tourism DJUSTT 693.80 + 22.79 171.00 +3.40 [5] +6.90 [26] +32.71 [1] +13.43 717.13 468.89 Chile (Peso) .001259 .001239 794.03 807.00
China (Renminbi) .1447 .1447 6.9106 6.9122
Mining DJUSMG 105.86 + 3.30 5.88 +3.22 [6] –28.73 [133] +5.88 [46] –7.82 148.76 81.56 13.25 1.55 Colombia (Peso) .0002208 .0002127 4528.00 4700.50
Railroads DJUSRR 2917.01 + 88.92 –127.34 +3.14 [7] –12.97 [119] –4.18 [114] +10.71 3,426.58 2,672.25 Czech. Rep. (Koruna) …… .. …… .. …… .. …… ..
Automobiles DJUSAU 633.72 + 18.05 138.00 +2.93 [8] –38.96 [137] +27.84 [7] +40.44 1,102.17 449.86 Commercial rate .04712 .04683 21.223 21.353
Computer Hardware DJUSCR 8557.48 + 180.95 2,055.33 +2.16 [9] +8.87 [18] +31.61 [2] +31.62 8,673.31 6,275.02 Denmark (Krone) .1479 .1478 6.7624 6.7654
Pharmaceuticals DJUSPR 820.42 + 16.93 –20.37 +2.11 [10] +3.69 [42] –2.42 [103] +10.11 862.09 737.75 10.65 1.35 EcuadorUS Dollar 1.0000 1.0000 1.0000 1.0000
Automobiles & Parts DJUSAP 756.31 + 14.61 145.54 +1.97 [11] –35.47 [135] +23.83 [11] +34.20 1,247.99 562.89 Egypt (Pound)-y .0323 .0324 30.9531 30.9024
Bldg Materials & Fixtures DJUSBD 1467.32 + 25.42 104.69 +1.76 [12] +2.66 [45] +7.68 [37] +21.48 1,519.91 1,206.46 Hong Kong (Dollar) .1274 .1274 7.8481 7.8498
Hotels DJUSLG 2734.99 + 46.82 320.63 +1.74 [13] –2.29 [71] +13.28 [18] +25.33 2,883.92 2,146.14 Hungary (Forint) .002962 .002953 337.63 338.66
Trucking DJUSTK 1458.74 + 21.13 174.98 +1.47 [14] +9.72 [16] +13.63 [17] +19.29 1,575.56 1,143.64
8.05 1.15 Iceland (Krona) .007341 .007359 136.23 135.89
India (Rupee) .01224 .01223 81.726 81.735
Construction & Materials DJUSCN 1180.11 + 17.00 80.89 +1.46 [15] +6.28 [28] +7.36 [42] +23.91 1,213.30 951.66
Indonesia (Rupiah) .0000681 .0000682 14675 14672
Soft Drinks DJUSSD 996.83 + 13.11 42.21 +1.33 [16] +7.49 [25] +4.42 [59] +13.46 996.83 843.99 Israel (Shekel) .2750 .2754 3.6366 3.6310
Technology Hardware & Equip DJUSTQ 4026.81 + 51.92 882.79 +1.31 [17] +7.52 [24] +28.08 [6] +25.73 4,044.02 2,996.31 5.45 0.95 Japan (Yen) .007415 .007336 134.85 136.31
Beverages DJUSBV 1053.29 + 12.35 41.60 +1.19 [18] +6.21 [29] +4.11 [60] +12.97 1,053.29 902.29 Kazakhstan (Tenge) .002255 .002212 443.55 452.16
Industrial & Office REITs DJUSIO 108.59 + 1.26 3.00 +1.17 [19] –19.38 [128] +2.84 [71] +3.74 131.97 95.41 Kuwait (Dinar) 3.2644 3.2628 .3063 .3065
Industrial Transportation DJUSIT 1506.98 + 17.33 52.13 +1.16 [20] –4.35 [85] +3.58 [67] +16.18 1,682.96 1,303.18 Macau (Pataca) .1236 .1236 8.0890 8.0890
2.85 0.75 Malaysia (Ringgit)-b .2254 .2242 4.4370 4.4605
Net Change % Change and Ranking 52 Week Mexico (Peso) …… .. …… .. …… .. …… ..
Floating rate .0563 .0556 17.7604 17.9958
Top 20 Yr Ago Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low
New Zealand (Dollar) .6292 .6171 1.5893 1.6205
Home Construction DJUSHB 1704.01 – 11.03 370.64 –.64 [60] +42.04 [1] +27.80 [8] +29.74 1,718.32 1,003.88 0.25 0.55 Norway (Krone) .0946 .0938 10.5710 10.6646
Heavy Construction DJUSHV 994.71 – .70 53.78 –.07 [41] +29.69 [2] +5.72 [51] +40.52 1,046.87 701.03 Oman (Rial) 2.5975 2.5973 .3850 .3850
M J J A S O N D J F M A Pakistan (Rupee) .00352 .00352 283.850 283.700
Restaurants & Bars DJUSRU 2730.02 – 53.67 303.15 –1.93 [96] +25.02 [3] +12.49 [20] +17.85 2,794.64 2,020.05
Source: CBOE Philippines (Peso) .01808 .01806 55.325 55.360
Gambling DJUSCA 683.38 – 7.16 155.17 –1.04 [77] +23.20 [4] +29.38 [4] +7.91 705.13 420.78 Poland (Zloty) .2409 .2403 4.1514 4.1617
Specialty Retailers DJUSRS 2268.52 – 12.61 124.95 –.55 [56] +18.42 [5] +5.83 [48] +7.07 2,386.17 1,688.44 Qatar (Rial) .2746 .2743 3.6417 3.6457
Specialized Consumer Svcs DJUSCS 2041.13 – 50.98 196.40 –2.44 [105] +16.31 [6] +10.65 [25] +10.03 2,092.11 1,605.48 Russia (Ruble)-a .01285 .01250 77.813 79.974
Industrial Machinery
Industrial Suppliers
DJUSFE
DJUSDS
935.34
575.59
+ 3.61
– 3.22
66.07
77.84
+.39
–.56
[28]
[57]
+15.21
+15.01
[7]
[8]
+7.60
+15.64
[38]
[16]
+18.35
+22.66
970.33
590.97
713.06
442.88 Coming Earnings Saudi Arabia (Riyal)
Singapore (Dollar)
South Africa (Rand)
.2666
.7540
.0543
.2666
.7492
3.7503
1.3263
3.7508
1.3347
.0547 18.4112 18.2884
Aerospace DJUSAS 1627.34 – 39.33 47.35 –2.36 [101] +14.50 [9] +3.00 [70] +20.28 1,715.44 1,217.62
Day Consensus Year South Korea (Won) .0007587 .0007473 1317.96 1338.18
Brewers DJUSDB 658.14 + 41.30 101.50 +6.70 [3] +12.78 [10] +18.23 [14] +9.50 660.11 519.86 Estimate Ago
Footwear DJUSFT 2377.66 – 9.73 204.85 –.41 [52] +12.66 [11] +9.43 [29] +14.94 2,413.52 1,550.01 Sri Lanka (Rupee) .0031 .0031 320.0200 320.4000
Sweden (Krona) .0983 .0974 10.1712 10.2647
Insurance Brokers DJUSIB 624.94 – .16 37.14 –.02 [39] +11.64 [12] +6.32 [44] +18.63 633.88 494.81 Switzerland (Franc) 1.1225 1.1181 .8909 .8944
Medical Supplies DJUSMS 1386.07 – 9.80 132.67 –.70 [64] +10.41 [13] +10.58 [27] +17.58 1,431.07 1,121.27 Continued from page 11.
Taiwan (Dollar) .03269 .03254 30.593 30.727
Travel & Leisure DJUSCG 1364.64 + 3.90 206.92 +.29 [34] +10.16 [14] +17.87 [15] +15.47 1,385.61 1,021.84 Thailand (Baht) .02953 .02929 33.860 34.140
Industrial Engineering DJUSIQ 3026.79 – 10.92 –1.70 –.36 [51] +9.74 [15] –.06 [93] +22.19 3,305.30 2,352.13 T
Turkey (New Lira)-d .0513 .0514 19.5115 19.4492
Trucking DJUSTK 1458.74 + 21.13 174.98 +1.47 [14] +9.72 [16] +13.63 [17] +19.29 1,575.56 1,143.64 Akamai Technologies (Q1) 1.32 1.39 Ukraine (Hryvnia) .0271 .0271 36.9500 36.9500
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Apparel Retailers DJUSRA 1118.48 – 18.13 –59.90 –1.60 [92] +9.42 [17] –5.08 [118] +13.76 1,246.78 814.48 ApolloGlobalManagement(Q1) 1.46 1.52 U.K. (Pound) 1.2633 1.2565 .7916 .7959
Celanese (Q1) 1.64 5.54 Uruguay (Peso) …… .. …… .. …… .. …… ..
Computer Hardware DJUSCR 8557.48 + 180.95 2,055.33 +2.16 [9] +8.87 [18] +31.61 [2] +31.62 8,673.31 6,275.02 Duke Energy (Q1) 1.26 1.30
Waste & Disposal Svcs DJUSPC 484.21 + 3.60 35.95 +.75 [24] +8.83 [19] +8.02 [35] +20.49 497.83 399.04 Financial .02566 .02588 38.965 38.635
Electronic Arts (Q4) 1.34 1.32 Euro 1.1018 1.1019 .9076 .9076
Integrated Oil & Gas DJUSOL 749.38 – 53.34 –41.14 –6.64 [137] +8.83 [20] –5.20 [119] +29.14 837.28 603.64 Fox (Q3) 0.87 0.81
Special Drawing Rights (SDR) are based on exchange rates for the U.S.,
H& R Block (Q3) 4.47 4.11 British, and Japanese currencies. Source: International Monetary Fund.
Groups are weighted by capitalization. 52-week highs and lows are based on daily closes. Dec. 31, 1991=100. In the U.S. listings, % vol chg column shows the change from previous 65-day moving Under Armour (Q4) 0.15 -0.01 a-Russian Central Bank rate. b-government rate. d-rebased as of Jan. 1,
average. Volume figures do not reflect extended trading hours. Waters (Q1) 2.62 2.80 2005. y-floating rate.

W
Beyond Meat (Q1)
Cheasecake Factory (Q1)
-1.01
0.59
-1.58
0.47
Money Rates
Delta Market Pulse of the Economy
GoodRx (Q1)
Groupon (Q1)
Robinhood Markets (Q1)
0.06
-0.94
-0.62
0.10
-0.80
-0.45
Latest Week Prev. Week Yr Ago

Discount Rate (NY) 5.25 5.00 1.00


Sentiment Sonos (Q2) -0.24 0.06
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Only includes new reports. Latest Latest Preceding Year YroYr Latest Latest Preceding Year YroYr The New York Times (Q1) 0.17 0.19
Prime Rate (base) 8.25 8.00 4.00
Economic Growth and Investment Date Data Period Ago % Chg Date Data Period Ago % Chg Walt Disney (Q2) 0.95 1.08
Indicator No Activity for this Week
Employment
Wendy’s (Q1) 0.20 0.17
Fed Funds Rate

Avg effective offer 5.09 4.84 0.83


Production TH Avg weekly auction-c 4.83 4.83 0.33
The Delta MSI measures the Civil labor force, (thous.) Apr 166,688 166,731 163,950 1.67
position of a representative set Electric power, (mil. kw hrs) (EEI) Apr 29 68,356 69,355 69,920 –2.24 Employed, (thous.) Apr 161,031 160,892 157,982 1.93 Kelly Services (Q1) 0.30 0.46
of stocks relative to an Petroleum, related capacity, % Krispy Kreme (Q1) 0.07 0.08 T-Bills Rate
Apr 28 90.7 91.3 88.4 2.60 All non–farm payrolls, (thous.) Apr 155,673 r155,420 151,678 2.63
intermediate-term moving UTZ Brands (Q1) 0.10 0.11
Rotary rigs running, U.S. & Can., (Hughes) May 5 841 848 796 5.65 Government payrolls, (thous.) Apr 22,570 r22,547 22,101 2.12 Yeti (Q1) 0.15 0.33 13 weeks, Coupon Yield 5.274 5.216 0.925
average crossover (MAC) point.
When greater than 50% of the Steel, (thous. tons) Apr 29 1,716 1,700 1,775 –3.32 Goods prod payrolls, (thous.) Apr 21,536 r21,503 21,064 2.24 (Earnings are diluted and report dates are tentative. All fore- 13 weeks, Auction Rate 5.120 5.065 0.910
stocks followed are above this Steel, rated capacity, % (AISI) Apr 29 76.3 75.6 81.3 –6.15 Initial jobless claims (thous.) Apr 29 242 r229 218 11.01 casts and historical numbers exclude extraordinary items by 26 weeks, Coupon Yield 5.108 5.044 1.450
MAC point, the market is Continuing claims (mil.) Apr 22 1.805 r1.843 1.498 20.49 accounting definitions.) 26 weeks, Auction Rate 4.900 4.840 1.420
bullish. When the indicator is Consumption and Distribution Source: FactSet Avg weekly auction-c 5.00 5.01 0.85
Job openings, (thous.) Mar 9,590 r9,974 12,027 –20.26
below 50%, risk is elevated and Factory shipments, (bil. $) Mar 539.89 r540.53 531.18 1.64 Broker Call Rate 7.00 6.75 2.75
stock exposures should be Hires, (thous.) Mar 6,149 r6,150 6,577 –6.51
reduced. Manager uses
discretion on asset allocation
Instinet Research Redbook Avg. (monthly %)
Baltic Dry Index
Apr 29
May 5
–1.38
1,558
–1.82
1,576
0.69 ….
2,718 –42.68
Total separations, (thous.)
Service payrolls, (thous.)
Mar 5,932 r5,841 6,194 –4.23
Apr 134,137 r133,917 130,614 2.70 Barron’s 50-Stock Average Bankers Acceptances

when MSI is at 50% +/- 3%. Logistics Managers Index Apr 50.9 51.1 69.7 –26.97 Unemployment rate, % Apr 3.4 3.5 3.6 –5.56 1 month 5.10 4.93 0.48
Unemployed, (thous.) This index is a weighted average of 50 leading issues. Useful in secu- 2 months 5.15 5.03 0.91
Inventories Apr 5,657 5,839 5,968 –5.21 rity valuation. Source: Barron's Stats

Bearish
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) Apr 28 459,633 460,914 415,727 10.56 Avg. wks duration unemploy Apr 20.9 19.5 24.8 –15.73 3 months 5.33 5.20 1.38
U–6 unemployment Apr 6.6 6.7 7.0 –5.71 May 4 Apr 27 May Yr-to-Yr 6 months 5.38 5.23 2.05
Factory inventories, (bil. $) Mar 799.38 r805.61 781.70 2.26
Civilian Employment Population Ratio Apr 60.4 60.4 59.9 0.83 2023 2023 2022 % Chg
Gasoline, (thous. bbls) Apr 28 222,878 221,136 228,575 –2.49 Libor Interbank Rate
S&P 500 Index 4061.22 4135.35 4008.90 1.31
Orders Construction
Current Sentiment Barron’s 50 Index 11176.09 11373.54 11006 1.55 1 month 5.10 5.06 0.84
Factory orders, backlog (bil. $) Mar 1,159.72 r1,155.48 1,100.79 5.35 Construction spending, (bil. $) Mar 1,834.7 r1,829.6 1,768.2 3.76 Projected quarterly earn 166.65 178.64 139.67 19.32 3 months 5.34 5.30 1.40
New factory orders, (bil. $) Mar 539.01 r534.15 531.41 1.43 Non–residential spending, SA (bil. $) Mar 607.4 r601.6 500.6 21.33 Annualized projected earn 666.60 714.55 558.68 19.32 6 months 5.35 5.41 1.96

44.5%
Nondurable goods orders, (bil. $) Mar 262.79 r266.44 267.15 –1.63 Public spending, (bil. $) Mar 399.6 r398.8 347.5 14.99 Annualized projected P/E 16.77 15.92 19.7 –14.91 12 months 5.20 5.37 2.69
Purchasing management index Apr 47.1 46.3 55.9 –15.74 Residential spending, (bil. $) Mar 837.5 r838.9 929.0 –9.85 Five-year average earn 486.93 486.93 435.99 11.69
Trade Foreign Prime Rates
Other Indicators Five-year average P/E 22.95 23.36 25.2 –9.08
Merchandise trade balance (bil $) Mar –86.59 r–93.03 –125.86 –31.20 Year-end earn 619.08 619.08 563.98 9.77 Canada 6.70 6.70 3.20
Last Week Citi Research Panic–Euphoria Reading May 5 –0.24 –0.17 0.00 ….
Inflation Year-end P/E 18.05 18.37 19.5 –7.49 Germany 3.50 3.50 0.00
a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. h- Year-end earns yield, % 5.54 5.44 5.1 8.03 Japan 1.475 1.475 1.475

43.1%
ECRI Industrial Price Index f May 5 115.39 116.86 166.13 –30.54 benchmark revision, 2016 equals 100. r-Revised.
Best grade bond yields, % 4.60 4.54 3.51 30.96 Switzerland 2.00 2.00 0.00
Bond yields/stock ylds, % 0.83 0.83 0.69 21.10 Britain 4.25 4.25 1.00
Actual year-end divs 243.13 242.75 227.10 7.06 Other Money Rates
2 Weeks ago Actual yr-end divs yld, % 2.18 2.13 2.06 5.36 Fannie Mae Home Loan:
30-Year Fixed Conv 5.77 5.97 4.95
American Debt and Deficits Adjustable Mortgage Rates Bank money market-z 0.31 0.32 0.07

54.1%
Interest Checking-z 0.06 0.06 0.04
Latest
Report
Preceding
Report
Year Ago Yr over Yr
Report % Chg
May 5 Apr 28 Yr. Ago YOY % Chg Yearly High/Lows Barron's 400 Index 6-Month Certif-z
12-Month Certif-z
1.29
1.64
1.22
1.65
0.15
0.23
The yearly Barron's 400 Index price; with a high/low range based on 30 Month Accounts-z 1.27 1.25 0.29
3 Weeks ago 1 Year Treas Bills 4.72 4.80 2.03 132.51
Federal Budget Deficit (bil. $)-a 1,330FY'25 1,201FY'24 1,154FY'23 …. the daily close. 5-Year Certificates-z 1.20 1.21 0.39
2 Year Treas Notes 4.00 4.18 2.62 52.67
Budget Surplus/Deficit (bil. $)-b, March –378.08 –262.43 –192.63 96.27
3 Year Treas Notes 3.74 3.91 2.79 34.05 Year High Date Low Date U.S. Savings EE Bonds:
Current Market Exposure: 0% Trade Deficit (bil. $, sa)-c, March –64.23 r-70.64 –106.45 -39.66
Equities, 0% Bonds, 100% Cash Treasury Gross Public Debt. (bil. $)-d 31,457.5 31,458.0 30,410.1 3.44 5 Year Treas Notes 3.52 3.68 2.84 23.94
10 Year Treas Notes 3.46 3.58 2.83 22.26 2023 1023.20 Feb 02 881.58 May 04 Long-Term (5yrs+) 2.50 2.50 0.10
Treasury Statutory Debt Limit (bil. $)-d 31,381.5 31,381.5 …. ….
Source: Delta Investment 20 Year Treas Bds 3.82 3.90 3.08 24.03 2021 1127.20 Nov 16 842.50 Jan 04
Consumer Installment Debt (bil. $)-e, March 4,850.7 r4,824.2 4,528.7 7.11 c-Annualized yields, adjusted for constant maturity, reported by the Federal
Management 2020 852.20 Dec 28 455.11 Mar 23
FHFA PMMS+ Apr 6.11 6.11 3.68 66.03 Reserve on a weekly average basis. Sources: Tullett Prebon information, Ltd.
www.deltaim.com, (415) Sources: a-Office of Management and Budget, b-Monthly Treasury Statement, c-Monthly Commerce Dept. 2019 735.71 Dec 26 602.68 Jan 03 Factset. z-Bankrate.com.
249-6337 Report, d-Daily Treasury Statement, e-Monthly Federal Reserve Release. Fed annualized yields adjusted for constant maturity. 2018 786.73 Aug 29 571.68 Dec 24
52 BARRON’S May 8, 2023

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Barron’s Gold Mining Index


12-Month Year Week %
Weekly Bond Statistics Dividend Payment Boosts Top 5 Insider Purchases by
High Low
1041.55 684.61 Gold mining
5/4
904.72
4/27
891.42
Ago
1041.55
Chg.
+1.49
New Offerings, (mil $) (v) Last Week Prev. Week Yr Ago
Company Name-Ticker Symbol (Exchange)
Adjusted
Yield Period To From
%
Increase
Record
Date
Ex-Div
Date
Payment
Date
Company in 2023
Corporate (z) 27,016 r16,764 17,531 Number of Number of Avg.
Adecoagro-AGRO (NYSE) 3.7 S .1626 .160201 1.5 % 5-09 5-08 5-24 Company Sym Insiders Shares $ Value Price
Municipal (z) 4,764 r8,394 7,934 Allied Motion Techs-AMOT (Nasdaq) 0.3 Q .03 .025 20.0 5-18 5-17 6-01
American Intl Group-AIG (NYSE) 2.4 Q .36 .32 12.5 6-16 6-15 6-30 B Riley Financial RILY 14 335,825 12,350,448 $36.78
Best Grade Bonds-y
Gold & Silver Prices (Barron's index of 10 high-grade corporate bonds.)
Blue Owl Capital-OWL (NYSE)
Carlyle Group-CG (Nasdaq)
5.1
5.1
Q
Q
.14
.35
.13
.325
7.7
7.7
5-19
5-16
5-18
5-15
5-31
5-23
FidelityNationalInformationServices
Metropolitan Bank
FIS
MCB
10 19,608 1,303,895
10 32,134 1,337,430
$66.50
$41.62
4.60 4.54 3.68 Chesapeake Utilities-CPK (NYSE) 1.7 Q .59 .535 10.3 6-15 6-14 7-05 Pacwest Bancorp PACW 10 78,858 1,356,692 $17.20
Handy & Harman 5/5 4/28 Year Ago
Civista Bancshares-CIVB (NCM ) 3.8 Q .15 .14 7.1 5-09 5-08 5-24 Charles Schwab SCHW 10 130,844 7,605,131 $58.12
Gold, troy ounce 2000.95 1982.55 1882.35 Interm-Grade Bonds-y ConnectOne Bancorp-CNOB (Nasdaq) 4.7 Q .17 .155 9.7 5-15 5-12 6-01
Silver, troy ounce 25.62 25.07 22.47 Customers Bncp Pfd. E-CUBIpE (NYSE) 12.7 Q .639291 .619313 3.2 5-31 5-30 6-15
(Barron's index of 10 medium-grade corporate bonds.) Delek US Hldgs-DK (NYSE) 4.2 Q .23 .22 4.5 5-15 5-12 5-22 Top 5 Insider Sales by Company in 2023
Base for pricing gold and silver contents of shipments and for making 4.84 4.86 4.38 Enerflex-EFXT (NYSE) 1.2 Q .0183 .018115 1.0 5-18 5-17 7-06
refining settlement. Atlassian TEAM 22 667,630104,732,052 $156.87
Esquire Finl Hldgs-ESQ (NCM ) 1.1 Q .125 .10 25.0 5-15 5-12 6-01 United Therapeutics UTHR 17 400,559 95,795,777 $239.16
Confidence Index Expeditors Intl of Wash-EXPD (Nasdaq) 1.1 S .69 .67 3.0 6-01 5-31 6-15
Coins Price Premium $ Premium % Hess HES 16 841,812118,483,138 $140.75
(High-grade index divided by intermediate-grade index; decline in FactSet Research Systems-FDS (NYSE) 1.0 Q .98 .89 10.1 5-31 5-30 6-15 Moderna MRNA 16 656,953109,146,093 $166.14
Krugerrand 2097.68 80.68 4.00 latter vs. former generally indicates rising confidence, pointing to First Majestic Silver-AG (NYSE) 0.3 Q .0057 .0054 5.6 5-18 5-17 6-09 Seagen SGEN 14 180,110 36,481,468 $202.55
Maple Leaf 2117.85 100.85 5.00 higher stocks.) Fresh Del Monte Produce-FDP (NYSE) 2.3 Q .20 .15 33.3 5-17 5-16 6-09
Mexican Peso 2439.90 8.00 0.33 94.9 93.4 84.0 Griffon-GFF (NYSE) 1.3 Q .125 .10 25.0 5-25 5-24 6-15
Austria Crown 1980.06 3.00 0.15 Imperial Oil-IMO (NYSE AMER ) 2.8 Q .3674 .323458 13.6 6-02 6-01 7-01
Austria Phil 2117.85 100.85 5.00
U.S. Eagles 2117.85 100.85 5.00 Other Confidence Indicators: Innospec-IOSP (Nasdaq) 1.3 S .69 .65 6.2 5-22 5-19 5-31
Premium is the amount over the value of the gold content in the coin.
Source Manfra, Tordella & Brookes, Inc. Bullion spot gold price 2017 Bloomberg Barclays US Long Treasury*
Leggett & Platt-LEG (NYSE)
MSA Safety-MSA (NYSE)
5.4
1.4
Q
Q
.46
.47
.44
.46
4.5
2.2
6-15
5-16
6-14
5-15
7-14
6-10 Week’s Ex- Week’s Ex-
National Healthcare-NHC (NYSE AMER ) 4.1 Q .59 .57 3.5 6-30 6-29 7-31
(This index measures the performance of fixed-rate, nominal US
Treasuries with at least 10 years to maturity. Jan. 1, 1973=100.) NewMarket-NEU (NYSE)
North Eur Oil Royalty Tr-NRT (NYSE)
2.3
22.3
Q
Q
2.25
1.05
2.10
1.00
7.1
5.0
6-15
5-19
6-14
5-18
7-03
5-31
Dividend Dividend
Gold Performance Bloomberg Barclays US Credit
3339.12 3373.29 3484.14
Northern Oil & Gas-NOG (NYSE)
Parker Hannifin-PH (NYSE)
4.3
1.8
Q
Q
.37
1.48
.34
1.33
8.8
11.3
6-29
5-12
6-28
5-11
7-31
6-02
Dates Dates
Yellow Light: A potential Fed pause lifted Paychex-PAYX (Nasdaq) 3.3 Q .89 .79 12.7 5-11 5-10 5-25 This list includes payouts on This list includes payouts on
gold 0.9% on the week, to $2,001 an ounce. (This index includes all publicly issued, fixed-rate, non-convertible, PCB Bancorp-PCB (Nasdaq) 5.2 Q .18 .15 20.0 5-12 5-11 5-19 common stocks. common stocks.
investment-grade, dollar-denominated, SEC-registered corporate PepsiCo-PEP (Nasdaq) 2.4 Q 1.265 1.15 10.0 6-02 6-01 6-30
debt.) NYSE NASDAQ
RLI Corp-RLI (NYSE) 0.8 Q .27 .26 3.8 5-31 5-30 6-20
2939.86 2929.17 2903.99
10 Ryerson Holding-RYI (NYSE) 1.9 Q .18 .17 5.9 6-01 5-31 6-15 Tuesday (May 9) Tuesday (May 9)
Ryan Labs Treasury Index
Ryman Hospitality Prop-RHP (NYSE) 1.6 Q 1.00 .75 33.3 6-30 6-29 7-17 Employers Holdings .28 Amalgamated Financial .10
Handy & Harman Gold Price Scorpio Tankers-STNG (NYSE) 1.7 Q .25 .20 25.0 6-13 6-12 6-30 Eneti .01 American Elec Power .83
Simon Property Group-SPG (NYSE) 6.6 Q 1.85 1.80 2.8 6-09 6-08 6-30 EQT Corp .15
(Index of total return from active Treasury notes and bonds. Dec. ArcBest .12
0 31, 1996=100.) Summit Hotel Properties-INN (NYSE) 3.6 Q .06 .04 50.0 5-17 5-16 5-31
Hilltop Holdings .16
Bloomin' Brands .24
IBM 1.66
274.90 272.39 281.18 TELUS Corp.-TU (NYSE) 4.9 Q .267589 .258447 3.5 6-09 6-08 7-04 Invitation Homes .26 CapStar Finl Hldgs .11
UGI-UGI (NYSE) 4.7 Q .375 .36 4.2 6-15 6-14 7-01 Marine Products .14 Colony Bankcorp .11
Bond Buyer 20 Bond Index Vistra-VST (NYSE) 3.4 Q .204 .1975 3.3 6-21 6-20 6-30 MDC Holdings .50 German American Bancorp .25
-10 Mueller Water Products .061 Hanover Bancorp .10
Watts Water Tech-WTS (NYSE) 0.7 Q .36 .30 20.0 6-01 5-31 6-15 PPG Industries .62
(Index of yields of 20 general obligation municipal bonds.) HomeStreet .10
3.53 3.53 3.27
Weyco Group-WEYS (Nasdaq) 3.7 Q .25 .24 4.2 5-26 5-25 6-30 Rollins Inc .13
RPC .04 Kearny Financial .11

Dividend Payment Reductions


-20 Sensata Techs Hldg .12 MarketAxess Holdings .72
Bond Buyer Municipal Bond Index Sonoco Products .51 Mid Penn Bancorp .20
Standex Intl .28 Northfield Bancorp .13
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

(Index of 40 actively-traded tax-exempt bonds; component issues United Rentals 1.48 Rush Enterprises A .21
are changed regularly to keep the index a current picture of the Adjusted % Record Ex-Div Payment
Waste Connections .255 Rush Enterprises B .21
-30 market. Source: The Bond Buyer Company Name-Ticker Symbol (Exchange) Yield Period To From Decrease Date Date Date WisdomTree .03 Sandy Spring Bancorp .34
4.42 4.43 4.34 Eagle Bulk Shipping-EGLE (NYSE) 5.8 Q .10 .60 -83.3 % 5-17 5-16 5-25 Wednesday (May 10) Univest Financial .21
Barron's Gold Mining Index (904.72) Genco Shipping & Trading-GNK (NYSE) 14.6 Q .15 .50 -70.0 % 5-16 5-15 5-23 Affiliated Managers .01 West Bancorp .25
Stock/Bond Yield Gap-s HSBC Holdings ADR-HSBC (NYSE) 4.2 Q .50 1.15 -56.5 % 5-12 5-11 6-23
-40 Crown Holdings .24 Western New England Bncp .07
(Difference between yield on highest-grade corporate bonds and Sculptor Capital Mgmt-SCU (NYSE) 5.3 Q .06 .20 -70.0 % 5-16 5-15 5-23 Magnolia Oil & Gas .115
Sturm Ruger-RGR (NYSE) 3.7 Q .32 .42 -23.8 % 5-15 5-12 5-31 Matador Resources .15 Wednesday (May 10)
yield on stocks on the DJIA.) Matson .31
-2.52 -2.48 -1.71 Absolute Software .06
-50
Yield on DJ Equal Weight US Corp Bond Idx:
Stock Splits/Dividends Special Dividends MGIC Investment
Olin Corp
Peabody Energy
.10
.20
.075
Diamondback Energy
Enterprise Bancorp
.83
.23
J J A S O N D J F M A Record Ex-Div Pay
Company Name-Ticker Symbol (Exchange) Amount
Record Ex-Div
Date Date
Pay
Date ResMed .44 Heritage Commerce .13
Corp Bonds, (y) 5.19 5.26 4.50 Company Name-Ticker Symbol (Exchange) Amount Date Date Date TJX Cos .333 OP Bancorp .12
Cheniere Energy Ptnr-CQP (NYSE AMER ) 0.26 5-08 5-05 5-15 WestRock .275 Paychex .89
Hawthorn Bancshares-HWBK (Nasdaq) 4% 6-15 6-14 7-01
v-Week ended Thursday. y-Yield to maturity, week ended Thursday. z- Civitas Resources-CIVI (NYSE) 1.62 6-15 6-14 6-29 S & T Bancorp .32
Thursday (May 11)
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Source: Refinitiv.*Barclays T-Bond Index discontinued by firm. ConocoPhillips-COP (NYSE) 0.60 6-27 6-26 7-14 Summit State Bank .12
Kadant .29 AmerisourceBergen .485 Territorial Bancorp .23
Diamondback Energy-FANG (Nasdaq) 0.03 5-11 5-10 5-18
Week’s Lennar Cl A
Lennar Cl B
Lowe's
.375
.375
1.05
John B Sanfilippo & Son-JBSS (Nasdaq)
SIGA Technologies-SIGA (Nasdaq)
1.50
0.45
6-01
5-16
5-31
5-15
6-22
6-01
BP ADR
Bread Financial
Charles Schwab
.397
.21
.25
Veritex Holdings
Wintrust Financial
.20
.40
Federal Reserve Data Bank Week’s Dividend Pearson ADR .182 Dana .10 Thursday (May 11)
Thursday (May 11)
Conference Call Calendar Equinor ADR
Equinor ADR
.60
.30 Astec Industries .13
One week ended May 3:

Member Bank Latest Prev. Week Year Ago


Dividend Payment Bk of NY Mellon
CRH ADR
.37
Compania de Minas ADR .073
1.03
Earnings-
Related
Essential Utilities
HSBC Holdings ADR
JM Smucker
.287
1.145
1.02
BankFinancial
Bankwell Financial Group .20
.10

Graham Holdings 1.65 Company Date Time Period Bassett Furniture Inds .16
Reserve Chgs. (Mil. $) Week Change Change
Payment This list includes payouts on
common stocks.
Holly Energy Partners .35
Knot Offshore Partners .026 Air Products and Chemicals May 9 8:30AM Q2
Koninklijke Philips ADR
Lithia Motors
Louisiana-Pacific
.939
.50
.24
Brookline Bancorp
Coca-Cola Europacific
.135
.74
U.S. Gov't securities: Nucor .51
This list includes payouts on NYSE Akamai Technologies May 9 4:30PM Q1 Moog Cl A .27 Community West Bncshrs .08
Bought outright 7,825,548 -27,243 -656,463 common stocks. Monday (May 8) Friday (May 12) Alpha Metallurgical Resources May 8 10:00AM Q1 Moog Cl B .27 Constellation Energy .282
Banco Bradesco Ord ADR .003 Charles River Laboratories International May 11 8:30AM Q1 MSCI 1.38 DallasNews .16
Federal agency secur: NASDAQ Air Products & Chemicals 1.75 Clorox 1.18 Oil-Dri of America .28
Blackstone .82 DaVita May 8 5:00PM Q1 Eagle Bancorp Montana .138
Deere 1.25 Enterprise Pdts Partners .49 Oppenheimer Holdings A .15 First Bank .06
Bought outright 2,347 .... .... Monday (May 8) Genl Dynamics 1.32 Devon Energy May 9 11:00AM Q1 Parker Hannifin 1.48
Ennis .25 Hess Midstream .585 First Community Bkshs .29
Old Second Bancorp .05 Intercorp Finl Svcs 1.18 DISH Network May 8 12:00PM Q1 Pfizer .41
Reserve bank credit: Schnitzer Steel Inds .188 Hexcel .125 Duke Energy May 9 10:00AM Q1 Provident Finl Svcs .24 First Northwest Bancorp .07
PLDT ADR .825 ING Groep ADR .41
Primary Credit 50,699 -20,344 +47,631 PLDT ADR .257 Truist Financial .52 Heartland Financial USA .30
NuSTAR Energy .40 Electronic Arts May 9 5:00PM Q4
Tuesday (May 9) Universal Insurance .16 Honeywell International 1.03
Secondary Credit .... .... .... Tuesday (May 9) nVent Electric .175 Fox May 9 8:30AM Q3 Visa Cl A .45
Codorus Valley Bancorp .16 OneMain Holdings 1.00 JB Hunt Transport .42
Seasonal Credit 3 -1 -2 Embotell Andina A ADR .219 Gen Digital May 11 5:00PM Q4 WEC Energy Group .78 Middlesex Water .312
Concentrix .275 Grupo Aval Acciones ADR .016 Pan American Silver .10 Henry Schein May 9 10:00AM Q1
Float -478 -308 -150 Cracker Barrel 1.30 PerkinElmer .07 Friday (May 12) Nexstar Media Cl A 1.35
Mastercard .57 PermRock Royalty Trust .031 International Flavors & Fragrances May 9 9:00AM Q1
Other F.R. Assets 44,253 -339 +2,175 Medifast 1.65 AGCO .29 PCB Bancorp .18
Wednesday (May 10) Nokia ADR .033 PNM Resources .368 Lincoln National May 10 10:00AM Q1 Primis Financial .10
Total Fed Credit # 8,503,589 -34,986 -400,181 Synchrony Financial .23 Allete .678
ASML Holding 1.839 Suburban Propane .325 Mckesson May 8 4:30PM Q4 Alta Equipment Cl A .057 South State .50
Gold stock 11,041 .... .... Warrior Met Coal .07
Hingham Institution Savs .63 Wednesday (May 10) News May 11 5:00PM Q3 Applied Indl Techs .35 Starbucks .53
SDR Certif. Accounts 5,200 .... .... Krispy Kreme .035 Saturday (May 13) PayPal Holdings May 8 5:00PM Q1 Chemours .25 Timberland Bancorp .23
Ohio Valley Banc .22 Albertsons .12 Church & Dwight .273
Treas. Curr. Outst. 51,709 +14 +728 American Express .60 NONE PerkinElmer May 11 8:00AM Q1
CNA Financial .42 Friday (May 12)
Total 8,590,377 -34,997 -399,160 Thursday (May 11) Antero Midstream .225 Sunday (May 14) Skyworks Solutions May 8 4:30PM Q2
DR Horton .25 CONSOL Energy 1.10 Amerant Bancorp Cl A .09
Currency in circ 2,324,887 +2,906 +53,897 NONE Tapestry May 11 8:00AM Q3 CVR Energy .50
Cal-Maine Foods 2.20 Business First Bancshares .12
TransDigm May 9 11:00AM Q2 CVR Partners 10.43
Treas. Cash Hldgs 187 +23 +107 Dorchester Minerals .99 CB Financial Services .25
Treas. Fed Deposits
Foreign Fed Deposits
269,216
9,685
-22,486
+1
-676,262
+2,155
TriMas Corp
Friday (May 12)
.04
Week’s Week’s Ex- Tyson Foods
Viatris
May 8
May 8
9:00AM
8:30AM
Q2
Q1
Eli Lilly
Gorman-Rupp
Jabil
1.13
.175
.08
Cintas
ConnectOne Bancorp
1.15
.17
Walt Disney May 10 4:30PM Q2
Other Fed Deposits
Other FR liab/cap
205,086
-2,080
+428
+1,188
-61,159
-50,576
1st Source
Banner
.32
.48
Dividend Dividend Source: CCBN, www.ccbn.com
Kroger Co
Maximus
Murphy Oil
.26
.28
.275
Eastern Co
Exelon
.11
.36
FirstCash Holdings .33
Total factors
Reserves F.R. banks
5,500,671
3,089,706
+10,953
-45,949
-192,781
-206,379
Capital Product Partners
Coca-Cola Consolidated
CSW Industrials
.15
.50
.19
Payment Dates Distributions & Offerings Oshkosh
Rockwell Automation
SAP ADR
.41
1.18
2.186
Lakeland Industries
Macatawa Bank
.03
.08
Fgn hold U.S. debt 3,372,842 +2,056 -52,641 Green Plains Partners .455 This list includes payouts on This list includes payouts on Secondary Distributions of common stocks Southern .70 Origin Bancorp .15
Home Bancorp .25 common stocks. common stocks. 4D Molecular Therapeutics 7,500,000 $16.00 $120,000,000
Southwest Gas Holdings .62 Papa John's International .42
MetroCity Bankshares .18 cbdMD 1,350,000 $2.10 $2,835,000 Saturday (May 13) Southern Missouri Bncp .21
Premier Financial .31 NYSE American NYSE American
Reserve Aggr (Mil. $) Latest Prev. Month % Year Guardforce AI 1,720,430 $4.65 $8,000,000 NONE Saturday (May 13)
Month Ended March: Month Month Chg. Ago RBB Bancorp .16 Monday (May 8) Tuesday (May 9) ImmunoGen 26,000,000 $12.50 $325,000,000
Sierra Bancorp .23 Cheniere Energy .395 Morphic 6,133,334 $45.00 $276,000,030 Sunday (May 14) NONE
NONE
Total Reserves: 3,258,400 3,021,800 7.83 3,874,700 Privia Health 42,561,196 $22.00 $936,346,312 NONE Sunday (May 14)
Saturday (May 13) Tuesday (May 9) Wed. (May 10)-Sun. (May 14)
Nonborrowed Res 3,043,100 3,006,200 1.23 3,848,500 Reneo Pharmaceuticals 7,906,250 $8.00 $63,250,000
NONE Riley Exploration Permn .34 NONE Monday (May 15) NONE
Borrowed Reserves 215,338 15,606 1279.84 26,206 Ryerson 2,630,700 $36.80 $96,809,760
Sunday (May 14) Monday (May 15) SI-BONE 3,775,000 $22.00 $83,050,000 ExxonMobil .91 Monday (May 15)
Monetary Base 5,571,000 5,321,000 4.70 6,134,400 Wed. (May 10)-Sun. (May 14) PennyMac Finl Svcs .20
NONE NONE Bar Harbor Bankshares .28 Source: Dealogic LLC, New York City; (212) 577-4400. Unitil Corp .405 NONE
May 8, 2023 BARRON’S 53

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

HuizeHolding Tingo AytuBioPharma DigitalBrands HarpoonTherap MidWestOneFin QuantumComp TFS Fin AresAcqnA McDonald's Bristow Lazard

Week’s HuronConsulting
IES Holdings
IkenaOncology
TMT Acqn
Travelzoo
TROOPS
BallardPower
BancFirst
BankFinancial
DimeCommBcshs
DISH Network
DixieGroup
Harte-Hanks
HawthornBcsh
HealthEquity
MillerKnoll
Minim
MiNK Therap
QuinStreet
RackspaceTech
RamacoRscs
ThirdCoastBcshs
TimberlandBncp
TivicHealth
AresMgmt
AthenaTechII A
BWX Tech
Merck
MolsonCoorsB
MotorolaSol
BylineBancorp
CI&T
CS Disco
Leidos
LendingClub
Li-Cycle

New Highs Immunogen


Immunovant
Insulet
UFP Tech
UltaBeauty
UnitedInsurance
BankFirst
BankJamesFinl
BankofMarinBncp
DuluthHoldings
Dynatronics
E-HomeHousehold
HeartlandFinUSA
HeliusMedical
Hempacco
MiromatrixMed
Missfresh
MobileGlbEsports
RapidMicro
RBB Bancorp
RealGoodFood
TMT Acqn
ToughBuiltInds
TowneBank
BadgerMeter
BeazerHomes
BellRing
MuellerWater
NaborsEnerA
NewMarket
CVR Energy
CVS Health
CadenceBank
Lightng eMotors
Lightspeed
LincolnNational

and Lows IntegralAd


InterDigital
Intra-Cellular
UroGenPharma
US Lime&Min
USGoldMining
BankofSC
BankOZK
BankwellFin
EagleBancorp
EagleBncpMT
EasternBankshares
HeritageCommerce
HeritageFin
HF Foods
ModivCare
Momentus
MoneyGram
RealReal
Recruiter.com
RecursionPharm
TravereTherap
Trevena
TriCoBancshares
BerkHathwy A
BerkHathwy B
BiglariB
NorthAmConstr
OnHolding
Oracle
CapitalOne
Cato
Cazoo
LumentFinance
M&T Bank
MP Materials
NYSE IntuitiveSurgical Vaxcyte Banner EastsideDistilling HighPeakEner MonoparTherap RedHillBio Trimble BiglariA OsiskoGold CentralPacFin Mytheresa
iRadimed VCIGlobal BaudaxBio EBET HinghamSvg MontaukRenew RedRiverBcshs Tripadvisor BostonSci OwensCorning Chegg Macy's

187 358 Itron Vericel BayCom ECB Bancorp Histogen MotorcarParts RelayTherap Trupanion BoydGaming PG&E ChinaGreenAg Magnachip
IVERICbio VeriSign BayFirstFinancial Edgio HMN Fin MSP Recovery Renasant TrustcoBank BuildersFirst ProofAcqnIA CitizensFin Mativ
JackintheBox VeriskAnalytics BCB Bancorp EdibleGarden HomeBancorp MullenAuto RepublicBcpKYA Trustmark BurfordCapital Penumbra Citizens MediaAlpha
New Highs New Lows EducDev MySize TTEC PerformanceFood Medifast
Jiayin VerraMobility BeamGlobal HomeStreet RepublicFirstBncp CGI CityOfficeREIT
LancasterColony VertexPharm Berry(bry) EncoreCapital HomeTrustBcshs Nanobiotix ResearchFrontiers TTM Tech CardinalHealth PulteGroup Clarivate MercuryGeneral
Nasdaq Lantheus Big5SportingGds EnterpriseBncp Honest NatlBankshares ResourcesConnect TuSimple CarpenterTech QuantaServices ClarosMtg Mosaic
VikingTherap
LeMaitreVascular VisionSensingA BigCommerce EnterpriseFinSvcs Hongli NauticusRobot RetailOppor TwinVee Cemex RCF Acqn A ClearwaterPaper Movado

276 784
New Highs New Lows
LeonardoDRS
LexiconPharm
LibertyBraves C
VitaCoco
WahFuEducation
WelsbachTech
Biolase
BionanoGenom
BioNTech
EQRx
Equillium
EquityBcshs
ESSA Bancorp
HopeBancorp
HorizonBancorp
HubCyberSecurity
Nayax
NBT Bancorp
NCS Multistage
NecessityRetail
ReToEcoSol
ReWalkRobotics
RF Industries
TwistBiosci
UcommuneIntl
Udemy
CenturyComm
Chipotle
ChurchillVI A
RadianGroup
RentokilInit
RestaurantBrands
ClearwayEnergyC
ClearwayEnergyA
Comerica
MultiPlan
NACCO Inds
NIO
NaborsIndustries
LigandPharm Wingstop BitNileMetaverse HuntingtonBcshs RGC Resources UMB Fin ChurchillVII A RoperTech ComstockRscs
LiveOne Woodward BladeAir Everbridge Hurco NeoVolta RhinebeckBncp UnionBankshares CleanHarbors SAP ContainerStore NatlBankHoldings
NYSE American
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54 BARRON’S May 8, 2023

O T H E R VO I C E S
The Federal Reserve’s review of the Silicon Valley
Bank failure is revealing for what it omits. It may
not be ready for the fallout if more banks fail.

them. As losses mounted, capital was supervision at the San Francisco Fed-
quickly depleted and Silicon Valley eral Reserve Bank recommended to
Bank’s solvency brought into question. the director of supervision at the
As you would expect, uninsured de- Board of Governors. How were their
positors pulled their deposits from the conclusions communicated to the vice
bank, assuring its failure. chairman for supervision at the Board
The report also confirmed that of Governors? And did conversations
the Fed’s supervision of Silicon Valley occur between the vice chairman and
Bank was woefully inadequate. Super- the chairman of the Fed and other
visors identified management weak- members of the Board of Governors?
nesses starting in 2017 but did too Who ultimately is responsible? This is
little to force management to improve a critical aspect of supervisory over-
its practices right up to the time of sight, and the Fed’s report fails to ad-
failure. The examiners did their job in dress it.
finding weaknesses within the bank. The report provides documents
Letters were sent to management, showing that supervisors sent letters
warnings were given, and informal to the institution’s board of directors,
supervisory actions were discussed, and that it appears they met with the
although none were taken. board one time, but it doesn’t discuss
The Fed is organized so that differ- whether they held additional meet-
ent supervisors are responsible for ings to emphasize management’s lack
different-size banks. This bureaucracy of response. The board of directors
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delayed critical actions to correct man- has ultimate responsibility for bank
agement weaknesses. The idea behind policies and management perfor-
this process is to place larger institu- mance. Such meetings can have a ma-
tions in more-experienced hands. The jor impact on how directors and man-
effect should have been to accelerate agement respond to supervisory
the supervisory actions. That did not findings.

Will the Fed Be Ready


happen. Finally, a critical conclusion that
The report also discussed the can be drawn from the report is that
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

possibility that things would have circumstances around these supervi-


gone better had Congress not weak- sory weaknesses are probably sys-

If More Banks Fail?


ened rules that would have required temic. The Fed has followed a course
the Fed to apply more-stringent of easy money and encouraged greater
stress tests on banks of Silicon Valley risks within the industry for over a
Bank’s size. But given how poorly the decade. The banking industry has
Fed performed with the vast powers it responded by taking on a greater de-
possesses, this seems a moot point. gree of credit and market risk, and

T
While the report is deep in detail, supervisors have responded by ac-
he Federal Re- BY THOMAS what the world already suspected: there are significant aspects of the cepting this trend. Now, the Fed is
serve’s report on HOENIG Silicon Valley Bank was poorly man- supervisory process that are begging reversing policy, and the industry
Silicon Valley Bank Hoenig is a former aged and supervised. Management for answers. For example, the report must follow.
is a revealing docu- vice chairman of was careless, disregarding fundamen- often refers to “the supervisors,” but Silicon Valley Bank was among the
ment, both for what the FDIC, former tal principles of banking. Its business who are they? There was little discus- first to fall because its management
president and
it says and for what CEO of the Fed- model was highly concentrated in sion of the Fed’s chain of command apparently was the weakest among
it omits. A careful eral Reserve Bank both its assets and liabilities. The and how findings are reported and bank managers. But while that bank
reading of the report suggests that the of Kansas City, bank paid too little attention to its supervisory actions determined. The was poorly managed, its assets’ risks
banking industry is headed for further and a distin- liquidity and asset-liability-manage- report discusses interviews with ex- are not all that different from those
guished senior
difficulty, and that the Federal Re- fellow with the ment practices. aminers, but what about those who of other banks.
serve’s supervision needs to improve Mercatus Center The report notes that the bank ap- make the final decisions? The industry holds trillions of dol-
if it expects to handle it successfully. at George Mason peared adequately capitalized under Consensus-building seemed to lars of securities and loans, the quality

Illustration by Andrea Ucini


The report was prepared by University. risk-weighted capital requirements. be the theme of the report, but this of which are being tested as interest
Michael Barr, the Fed Board of Gover- However, the report missed an impor- raises the question of accountability rates rise, placing downward pressure
nor’s vice chair for supervision, and tant point about the securities that suf- for supervision. The report mentions on asset values and straining the re-
released at the end of April. The re- fered a nearly $2 billion loss, triggering a Feb. 14 briefing to the Board of payment ability of borrowers. We can
port presents a deep chronology depositors’ initial concerns: Under Governors, but describes it as “infor- expect more trouble ahead, and the
of events leading to Silicon Valley current capital rules, those securities mational in nature.” It would be question that remains is whether the
Bank’s ultimate failure. It confirms required little investor capital to fund important to know what the head of fallout can be managed. B
May 8, 2023 BARRON’S 55

MAILBAG
Send letters to Mail@Barrons.com. To be considered for Numbers by Barron’s, which breaks down the markets,
publication, correspondence must bear the writer’s name, is available wherever you listen to podcasts.
address, and phone number. Letters are subject to editing.

To the Editor: investment, but has anyone consid-


Our present age, characterized by ered what a default would do to the Trifecta
materialism, the need for instant grati- Treasury market? It has never hap-
fication, and widespread self-delusion pened before. Many investors have To the Editor:
is coming to an end. Reality is setting been building bond ladders where Rather than cite the dreary old invest-
in and demanding restitution for fiscal they roll over proceeds from a matu- ment saw, “Sell in May, then go away,”
and monetary malpractice. rity into a new issue within days. it would be appropriate to exclaim,
Everywhere, the world is overlev- Is it possible that the Fed is count- “What a way to begin May!” In your
eraged, and soon credit risk will be as ing on that same strategy to redeem May 1 issue, three Barron’s writers
important as duration risk. The ineffi- maturing bonds? It would be cata- combined to “hit for the cycle,” an
cient and redundant will be winnowed strophic if there were default at that apt analogy during baseball season.
out. There is too much dry kindling to level. The thought has entered the Brian Swint laced a solid leadoff
burn through before the dead wood is professional market, as Barron’s has single with his coverage of French
cleared out. reported a surge of funds going into bakery inflation (“Inflation and
Try as they might, no central bank- maturities of one month. That is very French Croissants: Why Europe’s
ers or hapless politicians can easily short and ultracautious. High Prices Are So Sticky,” The
mitigate the coming firestorm. Bill Mueller Economy). As usual, veteran Warren
For everyone else, it’s time to reflect Laguna Woods, Calif. Buffett expert Andrew Bary hit a
on the wisdom of the Greatest Genera- double off the wall with his in-depth
tion, which endured a financial cata- coverage of Berkshire Hathaway
clysm and World War II: Shed debt; Leveraged Bond CEFs (“Buy Berkshire Stock Ahead of Its
stay liquid, with assets of the highest Annual Meeting. Warren Buffett Still
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

quality; and trust yourself rather than To the Editor: Has What It Takes”). Bary also legged
banks or governments. The Funds column (“Closed-End out a triple with his cogent insights

No Good James Whitaker


On Barrons.com
Bond Funds Are Selling at Steep Dis-
counts. Moves to Make Now,” April
26) opines that “there are three sepa-
rate ways to win if interest rates fall.”
into Johnson & Johnson’s planned
initial public offering of Kenvue
(“Why J&J’s Kenvue Spinoff Is Just
What the IPO Doctor Ordered”).

Options for Debt Crisis Analogy However, that two-letter word swings
well above its weight. What follows is
Lastly, Steven M. Sears hit it out of
the park with his fascinating feature
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

To the Editor: a recommendation to buy leveraged “The Roots of the Options Trading

The Fed?
Here is an analogy for our so-called closed-end bond funds, and that is Revolution” (The Striking Price).
debt crisis. Suppose a couple has based on the assumption that “many My wife and I make all of our
borrowed to their limit to have a nice bond strategists now think we are investment decisions together, and
house and other amenities. They have close to peak interest rates.” How- we are truly appreciative of Barron’s
the income to support the debt and ever, “many” is nebulous. Many ana- coverage over the past 20-plus years.
To the Editor: living expenses, but there is nothing lysts I read say that there is no sign Celgene (2001), Microsoft (2003),
While your cover story is comprehensive and well writ- left over. They want to go on an expen- in the market that an upper limit in Johnson & Johnson and Caterpillar
ten, I beg to differ with Megan Cassella’s conclusion of sive vacation. They ask the bank for a yields is about to be reached. (2007), Berkshire Hathaway Class B
there being “no good options” (“Fed on the Edge,” April loan, but since they are at the bank’s If you want to be cautious, balance (2010), Apple (2014), and Atlas
28). Modest fiscal policy help (rather than hindrance) loan limit, the bank refuses. the plethora of conflicting recom- Technical Consultants (2021) have
would improve the chances of taming inflation with The couple has a choice—continue mendations, do your research, and all been purchased based upon your
less economic damage. Without some help on the fiscal paying the debt as usual, forgoing the come to your own conclusions. recommendations.
side, the Federal Reserve will probably break something vacation, or halt payment on the debt Caveat emptor. Buy and hold indeed.
and end up with high interest rates and high inflation and use that money for the vacation. Harvey Rosen T. William McMahon
(stagflation). Which option should the couple take? Brooklyn, N.Y. Manasquan, N.J.
H.P. Gates The politicians are telling us that
On Barrons.com they intend to take the vacation and
default on the debt if the debt limit

“Try as they might, no central bank-


To the Editor: can’t be raised to cover the vacation.
The Fed was still engaging in quantitative easing in Kenneth A. Kuhn
Illustration by Nicolas Ortega

March 2022. For all of the big talk about quantitative Vestavia Hills, Ala.
tightening, a mere $350 billion has been reduced from
the $9 trillion of bonds it owns. James Grant reports
that, as of last week, the Fed’s balance sheet was about Threat of Default
ers or hapless politicians can easily
$8.5 trillion.
Ray Noack To the Editor: mitigate the coming firestorm.”
On Barrons.com Treasuries are unquestionably a safe James Whitaker, on Barrons.com
M W L C 10 11 12 H G R P 4 8 3 F 2 D 6 7 9 0 A I
56 BARRON’S May 8, 2023
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For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

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